4/17/2014 9:55:46 AM
MIAMI & NEW YORK--(BUSINESS WIRE)--Noven Pharmaceuticals, Inc. today announced that it has entered into an agreement with Endo Pharmaceuticals Inc., Teikoku Seiyaku Co., Ltd. and Teikoku Pharma USA, Inc. to settle all outstanding patent litigation related to Noven’s lidocaine topical patch 5% product. An Abbreviated New Drug Application for Noven’s product is currently pending at the U.S. Food and Drug Administration (FDA). If approved, Noven’s product would be a generic version of Endo’s Lidoderm®.
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