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Sun Pharmaceutical Industries Ltd Industry :  Pharmaceuticals - Indian - Bulk Drugs & Formln
BSE Code
524715
ISIN Demat
INE044A01036
Book Value (Rs)
98.3315118
NSE Symbol
SUNPHARMA
Divident Yield %
0.77
Market Cap
(Rs In Cr.)
418,648
P/E (TTM)
132.89
EPS (TTM)
13.13
Face Value
(Rs)
1
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Sun Pharma receives favourable ruling in preliminary injunction delaying launch of LEQSELVI™
10-Apr-25   Hrs IST

Sun Pharmaceutical Industries announced that on 09 April 2025, the U.S. Court of Appeals for the Federal Circuit held an oral argument on the Company's appeal of the U.S. District Court for the District of New Jersey's decision that previously granted a preliminary injunction delaying the Company's launch of LEQSELVI™ (deuruxolitinib) in the United States.

Shortly after the oral argument concluded, on 09 April 2025, the U.S. Court of Appeals for the Federal Circuit ruled in favour of the Company and vacated the preliminary injunction effective immediately.

While the litigation between Incyte Corporation and the Company continues, the preliminary injunction is no longer in effect.

The Company is no longer under a court order that delays or restricts the Company from launching LEQSELVI™. The Company will disclose LEQSELVI™ launch plans in due course of time.

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