Exelixis (EXEL) Files Patent Infringement Claim Against Teva (TEVA)

June 21, 2021 5:23 PM EDT

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Exelixis (NASDAQ: EXEL) disclosed that on June 17, 2021, the company filed a complaint in the United States District Court for the District of Delaware for patent infringement against Teva, along with Teva Pharmaceutical Industries Limited (NASDAQ: TEVA), asserting U.S. Patent Nos. 9,724,342 (formulations), 10,034,873 (methods of treatment) and 10,039,757 (methods of treatment) arising from Teva’s ANDA filing with the FDA. Exelixis is seeking, among other relief, an order that the effective date of any FDA approval of Teva’s ANDA be no earlier than the expiration of all of U.S. Patent Nos. 9,724,342, 10,034,873 and 10,039,757, the latest of which expires on July 9, 2033, and equitable relief enjoining Teva from infringing these patents.

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