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Cipher Pharmaceuticals Secures Court Confirmation Of Arbitration Award

Source: Nasdaq

Legal & LitigationPatents & Intellectual PropertyCompany Fundamentals

Cipher Pharmaceuticals (CPH.TO) received a favorable New York federal court ruling, with the court denying Sun Pharmaceutical’s petition to vacate parts of an arbitration award. The decision confirmed Cipher’s ownership of key clinical data tied to the dispute. Overall, the ruling reduces legal uncertainty for Cipher regarding control of the underlying clinical data.

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