FTC sues drug companies regarding payments to delay entry of generic drugs | Practical Law

FTC sues drug companies regarding payments to delay entry of generic drugs | Practical Law

On 2 February 2009, the US Federal Trade Commission (FTC) announced that it filed a complaint in the US District Court for the Central District of California alleging that four drug companies violated US federal antitrust laws by providing and accepting monetary payments in exchange for delayed entry of generic versions of a branded medication, AndroGel. The complaint requests that the court enjoin the parties from enforcing these agreements and from engaging in similar conduct in the future.

FTC sues drug companies regarding payments to delay entry of generic drugs

Practical Law UK Legal Update 6-385-1462 (Approx. 4 pages)

FTC sues drug companies regarding payments to delay entry of generic drugs

by Practical Law
Law stated as at 02 Feb 2009USA (National/Federal)
On 2 February 2009, the US Federal Trade Commission (FTC) announced that it filed a complaint in the US District Court for the Central District of California alleging that four drug companies violated US federal antitrust laws by providing and accepting monetary payments in exchange for delayed entry of generic versions of a branded medication, AndroGel. The complaint requests that the court enjoin the parties from enforcing these agreements and from engaging in similar conduct in the future.