India's Zydus Life agrees $120 million settlement with Astellas over bladder drug
Yahoo Finance·2026-02-12 04:22
Feb 12 (Reuters) - India's Zydus Lifesciences and its U.S. unit will pay $120 million to Astellas Pharma as part of a deal to settle a patent dispute over the Japanese drugmaker's bladder disorder drug Mirabegron, the Indian firm said on Thursday. Zydus and its unit will also pay a pre-paid per‑unit licensing fee on sales of its generic Mirabegron in the U.S. from the date of the agreement until September 2027, the company said. The deal will enable the company to continue marketing its generic ...