Xeris Biopharma's Subsidiaries, Xeris Pharmaceuticals And Strongbridge Dublin Limited, File Recorlev Patent Infringement Lawsuit; Filed Patent Infringement Lawsuit Related To Recorlev Against Torrent Pharmaceuticals & Somerset Therapeutics

Xeris Biopharma Holdings, Inc. (NASDAQ:XERS), a fast-growing biopharmaceutical company committed to improving patient lives by developing and commercializing innovative products across a range of therapies, announced that its subsidiaries, Xeris Pharmaceuticals, Inc. and Strongbridge Dublin Limited, have filed a patent infringement lawsuit under the Hatch-Waxman Act related to Recorlev® (levoketoconazole) in the United States District Court for the District of New Jersey against Torrent Pharmaceuticals Limited (along with its affiliate) and Somerset Therapeutics, LLC (along with its affiliates), each of which filed an Abbreviated New Drug Application ("ANDA") with the U.S. Food and Drug Administration (the "FDA") seeking approval to manufacture, use or sell a generic version of Recorlev® (levoketoconazole) (each, an "ANDA Filer"). Xeris's complaint seeks an injunction to prevent the manufacture, use, and sale of a generic version of RECORLEV by each ANDA Filer until the expiration of Xeris's patents in March 2040.