US ITC Blocks Imports of Jeuveau Wrinkle Treatment -- Bloomberg
December 16 2020 - 7:09PM
Dow Jones News
--The U.S. International Trade Commission ordered that U.S.
imports of the Jeuveau wrinkle treatment are to be halted for 21
months, Bloomberg reported Wednesday.
--The ruling upholds a judge's decision in an earlier case,
which said Evolus Inc. and its partner Daewoong Pharmaceutical Co.
made Jeuveau using a secret process from AbbVie's South Korean
partner Daewoong Pharmaceutical Co., the report said.
--A spokeswoman for Evolus said, "We will now focus on
overturning the decision by mobilizing interested parties close to
this matter through the presidential review process." She added,
"We remain committed to finding a resolution to this legal matter,
including reasonable settlement terms with Allergan's new owner,
AbbVie, and Medytox," according to the report.
Full story:
https://www.bloomberg.com/news/articles/2020-12-16/abbvie-s-allergan-wins-trade-secret-case-against-evolus-at-itc
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 16, 2020 18:54 ET (23:54 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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