Foamix Pharmaceuticals, together with LEO, has entered into a settlement and license agreement with an affiliate of Teva Pharmaceuticals to resolve pending patent litigation involving Finacea® Foam. Details of the settlement agreement are confidential, and the settlement agreement is subject to the review of the Federal Trade Commission and the U.S. Department of Justice.
This settlement comes after the settlement in April 2019 with affiliates of Perrigo Company plc relating to Finacea® Foam.
“Together with LEO Pharma, we are pleased to have now also settled the outstanding litigation with Teva,” said David Domzalski, Chief Executive Officer of Foamix. “We will continue to vigorously defend our patents and explore opportunities to further expand our intellectual property portfolio around our proprietary foam products and technologies.”
Foamix is the owner of patents that have been licensed to LEO Pharma to market Finacea® Foam, a topical prescription medicine used to treat the inflammatory papules and pustules of mild to moderate rosacea. Foamix’s recently approved product AMZEEQ™ (minocycline) topical foam, 4% for the treatment of inflammatory lesions of non-nodular moderate to severe acne vulgaris, and its product candidates FMX103 and FCD105, are based on a different foam technology platform and different patents than those listed in the Orange Book for the foam technology used in Finacea® Foam.
Patent infringement litigation related to Finacea® Foam continues against Taro Pharmaceuticals U.S.A., and Taro Pharmaceutical Industries.