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US: Generics’ motion to dismiss price fixing claims denied

 |  April 9, 2017

Six drug companies including Mylan NV and Teva Pharmaceuticals have lost a bid to dismiss lawsuits accusing them of engaging in a scheme to fix prices for the generic blood pressure medication propranolol.

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    US District Judge Jed Rakoff in Manhattan on Thursday largely denied the drug companies’ motions to dismiss the proposed class actions, tossing only certain state-law claims brought by direct purchasers of propranolol.

    Full Content: Reuters

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