Tris Pharma, Inc. — Monmouth Junction, New Jersey (2031 US Highway 130). Founded in 2000 by Ketan Mehta, who remains President/CEO. Privately held; no public ticker. Third-party databases (PitchBook, Crunchbase-derived profiles) put headcount at roughly 500–580 employees, about two-thirds in New Jersey operations and one-third in US field roles. No verified public revenue figure.
Operations. Tris is a commercial-stage specialty pharmaceutical company built around oral modified-release drug delivery, principally its proprietary LiquiXR platform. Its commercial portfolio is concentrated in ADHD/CNS: DYANAVEL XR (amphetamine) extended-release liquid and tablet; Quillivant XR (methylphenidate ER oral suspension); QuilliChew ER (methylphenidate ER chewable tablet); and Ondya XR (clonidine ER oral suspension), a non-stimulant ADHD product. Quillivant XR and QuilliChew ER were co-developed with NextWave Pharmaceuticals, acquired out of Pfizer in 2019 via Tris's purchase of NextWave; NextWave Pharmaceuticals, Inc. is now a wholly owned Tris subsidiary. Tris also manufactures OTC and specialty generic products and out-licenses its delivery technology. It has a development-stage extended-release oxybate program (referred to in coverage as TRN-257) filed as a 505(b)(2) NDA, No. 220138.
Litigation posture. Tris is an operating company, not an NPE. All three tracked cases show it as defendant (0 as plaintiff) — a pure defense profile. All are variant captions of Jazz Pharmaceuticals Ireland Ltd. v. Tris Pharma, Inc., filed 2026-02-20, apparently two D.N.J. dockets (2:26-cv-01739 and 2:26-cv-01740) with a duplicate entry. The venue is Trenton, Tris's home district — not a plaintiff-friendly forum like the Eastern District of Texas.
Context. The suits are Hatch-Waxman/505(b)(2) actions in which Jazz alleges Tris's proposed extended-release oxybate product infringes patents listed for Jazz's Xywav, including mixed-oxybate-salt composition and concomitant-administration (divalproex) patents. Tris moved to dismiss; the court denied the motion on July 8, 2026. Litigation is ongoing; no merits judgment is reported.