Astellas, Partners Reach Settlement With Teva on Tarceva Patent

Astellas Pharma Inc. (4503) said subsidiary OSI Pharmaceuticals Inc. agreed with Teva Pharmaceutical Industries Ltd. (TEVA) to settle a pending patent- infringment lawsuit for the Tarceva lung-cancer drug. Genentech Inc. and Pfizer Inc. (PFE) were also part of the lawsuit filed against Teva.

Astellas didn’t disclose the details of the settlement in a statement from Astellas to the Tokyo Stock Exchange today.

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