Harmony Biosciences comments on ‘favorable’ decision by USPTO on WAKIX

Harmony Biosciences commented on the favorable decision by the U.S. Patent and Trademark Office, USPTO, to deny a Petition for Reexamination concerning a patent covering the active ingredient in WAKIX. The Company issued the following statement: “We are pleased that the U.S. Patent and Trademark Office rejected a challenge to the validity of claims within the patent covering the active ingredient in WAKIX, in line with our expectations. This decision not only underscores our confidence in the strength of the WAKIX patent portfolio but also reinforces our belief in the potential of the WAKIX franchise. We continue to believe that WAKIX represents a billion-dollar plus opportunity in narcolepsy alone, with the potential to contribute up to an additional $1 billion dollars, if approved, in idiopathic hypersomnia and other current lifecycle management programs. We are proud of the work we do every day to address the unmet medical needs of patients living with rare neurological diseases.”