BeiGene Announces Settlement of Litigation Against Generic Filer of BRUKINSA
19 Novembre 2024 - 12:00PM
Business Wire
Agreement provides for generic entry of
innovative BTK inhibitor in 2037
BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global
oncology company which intends to change its name to BeOne
Medicines Ltd., today announced it has entered into a settlement
agreement with MSN Pharmaceuticals, Inc. and MSN Laboratories
Private Ltd. resolving patent litigation related to MSN’s
Abbreviated New Drug Application (ANDA) seeking approval to market
a generic version of BRUKINSA® (zanubrutinib) in the U.S.
Under the terms of the agreement, MSN will not be able to sell a
generic version of BRUKINSA earlier than June 15, 2037, subject to
potential acceleration or extension under certain customary
circumstances. The composition of matter patent for BRUKINSA,
expiring in April 2034, was not challenged by MSN in the
litigation.
“Developed internally, BRUKINSA is a best-in-class BTK inhibitor
with the broadest label of any medicine in its class globally. This
settlement reaffirms our confidence in the intellectual property
protecting this groundbreaking treatment and its exclusivity.
Approved in over 70 markets for treating diverse B-cell
malignancies, BRUKINSA exemplifies the strength of our R&D
program and reinforces our commitment to delivering transformative
medicines around the world,” said Chan Lee, General Counsel at
BeiGene. “We continue to advance our innovative oncology
treatments, relying on a robust patent system to safeguard our
investment. Our focus remains on expanding access to this therapy
and future innovations for cancer patients globally.”
The settlement resolves all patent litigation brought by BeiGene
against companies that sought to market generic versions of
BRUKINSA. BeiGene and Sandoz Inc. previously filed a joint
stipulation to dismiss patent litigation brought by BeiGene in
response to Sandoz’s ANDA seeking approval to market a generic
version of BRUKINSA.
The Company recently announced its intent to change its name to
BeOne, reaffirming its commitment to develop innovative medicines
to eliminate cancer by partnering with the global community to
serve as many patients as possible.
About BeiGene
BeiGene, which plans to change its name to BeOne Medicines, is a
global oncology company that is discovering and developing
innovative treatments that are more affordable and accessible to
cancer patients worldwide. With a broad portfolio, we are
expediting development of our diverse pipeline of novel
therapeutics through our internal capabilities and collaborations.
We are committed to radically improving access to medicines for far
more patients who need them. Our growing global team of nearly
11,000 colleagues spans five continents. To learn more about
BeiGene, please visit www.beigene.com and follow us on LinkedIn, X
(formerly known as Twitter), Facebook and Instagram.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
and other federal securities laws, including statements regarding
the strength of BeiGene’s R&D program; BeiGene’s commitment to
globally deliver transformative medicines; the ability of BeiGene
to expand access to BRUKINSA; and BeiGene’s plans, commitments,
aspirations and goals under the caption “About BeiGene.” Actual
results may differ materially from those indicated in the
forward-looking statements as a result of various important
factors, including BeiGene’s ability to demonstrate the efficacy
and safety of its drug candidates; the clinical results for its
drug candidates, which may not support further development or
marketing approval; actions of regulatory agencies, which may
affect the initiation, timing and progress of clinical trials and
marketing approval; BeiGene’s ability to achieve commercial success
for its marketed medicines and drug candidates, if approved;
BeiGene's ability to obtain and maintain protection of intellectual
property for its medicines and technology; BeiGene’s reliance on
third parties to conduct drug development, manufacturing,
commercialization, and other services; BeiGene’s limited experience
in obtaining regulatory approvals and commercializing
pharmaceutical products; BeiGene’s ability to obtain additional
funding for operations and to complete the development of its drug
candidates and achieve and maintain profitability; and those risks
more fully discussed in the section entitled “Risk Factors” in
BeiGene’s most recent quarterly report on Form 10-Q, as well as
discussions of potential risks, uncertainties, and other important
factors in BeiGene’s subsequent filings with the U.S. Securities
and Exchange Commission. All information in this press release is
as of the date of this press release, and BeiGene undertakes no
duty to update such information unless required by law.
To access BeiGene media resources, please visit our News
& Media site.
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version on businesswire.com: https://www.businesswire.com/news/home/20241119466214/en/
Investors Liza Heapes +1 857-302-5663 ir@beigene.com
Media Kyle Blankenship +1 667-351-5176
media@beigene.com
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