ACR 0.00% 6.0¢ acrux limited

Ann: Acrux confirms patent challenge, page-4

  1. 4,251 Posts.
    lightbulb Created with Sketch. 456
    Refer to the footnotes in the announcement. This has been well communicated by Acrux for quite a while now, and is pretty central to the current strategy (as it is for anyone in the generic drug business today).

    Also, see:
    https://en.wikipedia.org/wiki/Drug_Price_Competition_and_Patent_Term_Restoration_Act

    "Because the Act also makes clear that filing an ANDA with a paragraph IV certification is an act of patent infringement, the law actually promotes litigation between private parties; the innovator is prompted to commence patent enforcement litigation against the generic infringer, and the generic company is incentivized to file a countersuit to have the patents listed in the Orange Book declared invalid."
 
watchlist Created with Sketch. Add ACR (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $17.44M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 141351 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 73455 1
View Market Depth
Last trade - 10.45am 10/07/2024 (20 minute delay) ?
ACR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.