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Sun Pharma, Incyte and Leqselvi
Incyte wins injunction to block launch of Sun Pharma's JAK inhibitor Leqselvi
Despite winning an alopecia areata approval for its drug Leqselvi in July, Sun Pharma will have to wait a while longer to launch its JAK inhibitor competitor to Eli Lilly and Incyte’s Olumiant and | Sun Pharma,
Incyte blocks US launch of Sun Pharma's alopecia drug
Incyte filed a lawsuit to try to block the launch of Leqselvi, claiming that the drug infringed a US patent (No. 9,662,335) it holds on the use of ruxolitinib, a JAK inhibitor it sells as Jakafi to treat various haematological cancers and in a topical form as Opzelura for atopic dermatitis and vitiligo.
Sun Pharma's Leqselvi launch in US faces legal roadblock; analysts cautious
This decision delays Sun Pharma's planned US launch of the product, which could be deferred for several months if the company wins its appeal, or up to two years if it loses the case entirely
Sun Pharma share price plunges 5% after US ruling on Leqselvi launch - Here's what JPMorgan, UBS say
After a US Court blocked the launch of Leqselvi, a drug used to treat severe alopecia areata, shares of Sun Pharma plunged over 5 per cent on Monday, November 04. Read on to know what UBS and JPMorgan said on the situation.
Sun Pharma shares slump 5% after US court ruling stalls Leqselvi launch
In the worst-case scenario, an unfavourable judgment would prevent Sun Pharma from launching Leqselvi until the patent expires, delaying its market entry.
Sun Pharma shares in focus as US court blocks Leqselvi launch
Sun Pharma faces a delay in the U.S. launch of its drug Leqselvi due to a preliminary injunction by the New Jersey court, pending further legal proceedings or patent expiration in December 2026. The company plans to appeal the decision while considering a potential settlement with Incyte.
Sun Pharma slips 5% as US court bars it from launching alopecia drug
Given the investments of around $576 million and the peak revenues potential upwards of $200 million, four years down the line, ICICI Securities expects some negative impact on the company
Sun Pharma’s hair loss drug Leqselvi's launch remains in limbo
Leqselvi, projected to generate around $200 million in sales over the next three to four years for Sun Pharma, was slated for a launch in July-August as per reports.
Sun Pharma’s Leqselvi Launch Blocked By US Court
Sun Pharmaceuticals Ltd. announced on Saturday that the US District Court of New Jersey has granted a preliminary injunction preventing it from launching its new drug, Leqselvi, until further legal developments or the expiry of the patent at the center of the lawsuit.
Sun Pharma declines 2.64% after US Court delays Leqselvi launch
Shares of Sun Pharmaceutical fell 2.64 per cent after the pharma major recently announced that the US District Court of delayed the launch of its new drug - Leqselvi. According to
cnbctv18
1d
Sun Pharma shares fall 5% post Leqselvi injunction, but analysts say opportunity 'not over'
According to Citi, the delay in the launch of Sun Pharma's alopecia areata drug,
Leqselvi
, could impact its near-term ...
ndtvprofit
1d
Sun Pharma Share Price Sees Worst Session In Nearly Four Years As US Court Halts Leqselvi Launch
Thirty out of the 41 analysts tracking the company have a 'buy' rating on the stock, seven suggest a 'hold' and four have a ...
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