Edition:
United States

Allergan and Saint Regis Mohawk Tribe announce agreements regarding RESTASIS patents


Friday, 8 Sep 2017 12:34pm EDT 

Sept 8 (Reuters) - Allergan Plc :Allergan and Saint Regis Mohawk Tribe announce agreements regarding restasis® patents.Says ‍under terms of agreement, Tribe will receive $13.75 million upon execution of agreement​.Says ‍tribe will be eligible to receive $15 million in annual royalties​.Says ‍tribe is filing motion to dismiss ongoing inter partes review of restasis patents based on "their sovereign immunity from ipr challenges"​.Says ‍agreement with tribe has no impact on pending anda patent litigations regarding restasis patent family which completed 5-day trial in court.Says ‍CO, Saint Regis Mohawk tribe announced tribe now owns all orange book-listed patents for restasis (cyclosporine ophthalmic emulsion) 0.05%​.Says Allergan has been granted exclusive licenses in patents related to product​.