OTCQX:MRVFF - Post by User
Post by
ValueCapon Oct 24, 2019 9:52am
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Post# 30263705
Vimovo US Royalty to stay at least a little while longer...
Vimovo US Royalty to stay at least a little while longer...Dr Reddy’s didn’t launch ‘at risk’ by October 20. The royalty for Q4 is likely still in tact.
Ongoing litigation continues for the other patents. Timeline to be revealed in the coming months.
My thought is that Q1 royalty likely stays on because of this as well, given that these things usually take a couple months. But I’m no patent expert.
In the event that the patents do get upheld, it would be material upside for Nuvo
https://www.bloomburton.com/research/NRI20191021.pdf