Towa Pharmaceutical Co (JP:4553) has released an update.
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Towa Pharmaceutical Co., Ltd. has reached a settlement in a patent infringement lawsuit filed by Eagle Pharmaceuticals, Inc. and SymBio Pharmaceuticals Limited concerning two of its intravenous infusion products. The lawsuit, initiated in December 2022, has been resolved with undisclosed terms, and Towa Pharmaceutical will continue to manufacture and sell the products with minimal impact on its consolidated financial results.
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