Allergan (AGN) Legal Move 'Extremely Important for Industry' - Evercore ISI Raffat

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Allergan and Saint Regis Mohawk Tribe Announce Agreements Regarding RESTASIS® Patents

September 8, 2017 12:35 PM EDT

DUBLIN, Sept. 8, 2017 /PRNewswire/ -- Allergan plc (NYSE: AGN), a leading global pharmaceutical company, and the Saint Regis Mohawk Tribe today announced that the Tribe now owns all Orange Book-listed patents for RESTASIS® (Cyclosporine Ophthalmic Emulsion) 0.05%, and that Allergan has been granted exclusive licenses in the patents related to the product. The Tribe, a recognized sovereign tribal government, is filing a motion to dismiss the ongoing inter partes review (IPR) of the RESTASIS® patents based on their sovereign immunity from IPR challenges.  The agreement with the Tribe has no impact on the pending... More