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Warner Chilcott Announces Settlement with Lupin of Loestrin® 24 Fe and Femcon® Fe Patent Litigations
Date:10/14/2010

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ARDEE, Ireland, Oct. 14 /PRNewswire/ -- Warner Chilcott plc (Nasdaq: WCRX) and its subsidiary, Warner Chilcott Company, LLC, and Lupin Ltd. and its subsidiary, Lupin Pharmaceuticals, Inc., today announced that they have entered into a settlement agreement to resolve pending patent litigations involving Warner Chilcott's oral contraceptive products, Loestrin® 24 Fe and Femcon® Fe (the "Settlement Agreement").  

Under the terms of the Settlement Agreement, Lupin has agreed that, except in the event of an at-risk launch by a third-party of a generic Loestrin® 24 Fe product, neither Lupin nor its affiliates will market or sell a generic Loestrin® 24 Fe product prior to July 22, 2014.  In the event of such an at-risk launch by Lupin, Warner Chilcott has reserved its right to bring an infringement suit against Lupin and pursue all legally available remedies.  In addition, Warner Chilcott has granted Lupin a non-exclusive license covering Femcon® Fe, which will permit Lupin to commence marketing either an authorized generic product, which would be supplied by Warner Chilcott, or generic equivalent of Femcon® Fe in the United States beginning on the earlier of (1) 180 days after the date that Teva Pharmaceutical Industries, Ltd enters the market with a generic equivalent to Femcon® Fe, or (2) January 1, 2013.  

Warner Chilcott has also granted Lupin the rights to purchase and sell in the United States an authorized generic version of the Asacol® 400 mg product, which would be supplied by Warner Chilcott, only if a generic version of the Asacol® 400 mg product is launched by a third party in the United States.  

The final settlement remains subject to certain conditions
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SOURCE Warner Chilcott plc
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