Fennec settles patent dispute with Cipla over PEDMARK generic

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Fennec Pharmaceuticals Announces Settlement Agreement Resolving PEDMARK Patent Litigation

March 16, 2026 8:08 AM EDT

RESEARCH TRIANGLE PARK, N.C., March 16, 2026 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company, today announces that it has entered into an agreement with Cipla Limited and Cipla USA, Inc. to settle the litigation between them regarding Ciplas application to FDA for approval to market a generic version of Fennecs PEDMARK® (sodium thiosulfate injection) product. See Fennec Pharmaceuticals Inc. v. Cipla Limited and Cipla USA, Inc., C.A. No. 2:23-cv-00123-JKS-MAH (D.N.J.). Under the terms of the agreement, the lawsuit... More