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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events  
Subsequent Events

 

17. Subsequent Events

Subsequent to December 31, 2015, holders of the Notes converted approximately $2.0 million of the Notes.We issued a total of approximately 0.4 million shares of common stock in conversion of the principal amount of the Notes and accrued interest thereon resulting in a remaining outstanding balance of $6.6 million.

As of February 5, 2016, litigation with respect to Oxtellar XR was decided in favor of the Company pending appeal when a federal court ruled that three of our patents were found to be valid, and that Actavis infringed two of these three patents.