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Regis Corporation latest news:
Allergan pays Mohawk Tribe to protect patents from challenges
Allergan Plc(AGN) will transfer to the Saint Regis Mohawk Tribe rights to its blockbuster Restasis dry-eye treatment, the drugmaker said on Friday, in an unusual deal to protect it from patent challenges.
Allergan $13.75 mln agreement with Saint Regis Mohawk Tribe a play to protect key dry eye product
Allergan PLC(AGN) shares rose 1.8% in heavy Friday afternoon trade on news of an unorthodox agreement the company has made with the Saint Regis Mohawk Tribe that could protect patents on a key Allergan (AGN) dry eye product, Restasis. Under the agreement, the Saint Regis Mohawk Tribe now owns patents on Restasis-- which are expected to expire at the end of August 2024-- and has granted Allergan (AGN) exclusive licenses on the product. The Saint Regis Mohawk Tribe is filing to dismiss patent challenges...
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