Sun Pharmaceutical Industries Limited (SUNPHARMA)
Update on Lipitor Antitrust Litigation
Update on Lipitor antitrust litigation
- Sun Pharma and subsidiaries were defendants in US antitrust litigation related to 2008 Lipitor patent settlement with Pfizer
- US Court of Appeals for the Third Circuit affirmed summary judgment fully in favor of Sun Pharma
- Court also denied class certification to plaintiffs
- This is a significant favorable development substantially closing the litigation
- Further remedies may still be available to plaintiffs under law
Source: Original filing PDF
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🚨 SUNPHARMA — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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