UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events.
Eton was notified of a decision in the Paragraph IV litigation regarding cysteine hydrochloride injection. The court ruled to uphold Exela Pharma Science’s patents. Eton strongly disagrees with the decision and expects Dr. Reddy’s Laboratories to appeal the ruling. Eton sold the product to Dr. Reddy’s Laboratories in June 2022, and Dr. Reddy’s Laboratories is responsible for all legal activities. Eton could still receive a milestone payment if Dr. Reddy’s Laboratories prevails on appeal and launches the product.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: August 12, 2022 | By: | /s/ James Gruber |
| James Gruber | ||
| Chief Financial Officer and Secretary | ||
| (Principal Financial Officer) |
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