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Endo Pharmaceuticals Reports Strong Fourth Quarter and Full-Year 2009 Financial Results: Provides 2010 Financial Guidance
Date:2/22/2010

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LIDODERM®:  For the quarter ended Dec. 31, 2009, net sales of LIDODERM were $204 million, compared with $205 million reported in the same period a year ago.  For the year end, net sales of LIDODERM were relatively flat at $764 million, compared with $765 million in the same period a year ago.  The company expects low single-digit growth for LIDODERM in 2010.  

On Feb. 19, 2010, Endo and the holders of the LIDODERM new drug application and relevant patent, Teikoku Seiyaku Co., Ltd. and Teikoku Pharma USA, Inc., filed a lawsuit against Watson Laboratories, Inc. in the United States District Court for the District of Delaware in connection with Watson's Abbreviated New Drug Application (ANDA) for a generic version of LIDODERM.  The lawsuit is in response to a Paragraph IV Certification Notice that advised that Watson had submitted to the FDA an ANDA seeking approval to market a generic version of LIDODERM.  The lawsuit against Watson alleges infringement of Orange Book-listed U.S. Patent No. 5,827,529 that covers the LIDODERM formulation and expires in October 2015.  Endo intends to vigorously defend LIDODERM's intellectual property rights and pursue all available legal a
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SOURCE Endo Pharmaceuticals
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