Motilal Oswal: Cipla’s Revlimid Litigation Settlement Improves Business Visibility
Cipla House, the headquarters of Cipla Ltd. in Lower Parel area of Mumbai, India. (Photo: BloombergQuint)

Motilal Oswal: Cipla’s Revlimid Litigation Settlement Improves Business Visibility

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Motilal Oswal Report

Cipla Ltd. and Celgene (innovator) have reached an agreement to settle the litigation pertaining to g-Revlimid in the U.S.

As per the settlement, the company can begin selling g-Revlimid in the U.S. sometime after March 2022.

Considering other settlements, limited build-up of sales over FY23-26E, and unlimited quantities of g-Revlimid by Cipla post January-26E, there could be a potential net present value addition of Rs 40 per share from this opportunity.

We await clarity on further details of the agreement.

Click on the attachment to read the full report:

Motilal Oswal Cipla Company Update.pdf

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