Zydus announces settlement with Kowa Company, Ltd., Kowa Pharmaceuticals America, Inc. and Nissan Chemical Industries, Ltd. on Livalo (pitavastatin calcium) tablets

Zydus announces settlement with Kowa Company, Ltd., Kowa Pharmaceuticals America, Inc. and Nissan Chemical Industries, Ltd. on Livalo® (pitavastatin calcium) tablets Ahmedabad, January 17, 2017 Cadila Healthcare Limited, a global pharmaceuticals company, and its subsidiary Zydus Pharmaceuticals (USA) Inc., a leading generic pharmaceutical company in the United States, today announced that they have finalized an agreement with Kowa Company, Ltd., Kowa Pharmaceuticals America, Inc. and Nissan Chemical Industries, Ltd. to settle all outstanding patent litigation related to Livalo® (pitavastatin calcium) tablets. Under the terms of the agreement, Kowa and Nissan grants Zydus a license to market Zydus ’ generic version of Livalo® beginning on May 2, 2023 , or earlier under certain circumstances. Other terms of the settlement were not disclosed. About Zydus Cadila Zydus Cadila is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies. The group employs over 19,500 people worldwide and is dedicated to creating healthier communities globally. Zydus aspires to be a research-based pharmaceutical company by 2020. ***

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