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CVS and Rite Aid file charges against Wyeth and Teva over Effexor pay-for-delay

By  |  June 13, 2012
CVS and Rite Aid file charges against Wyeth and Teva over Effexor pay-for-delay

CVS and Rite Aid have filed an antitrust lawsuit against Wyeth and Teva in New Jersey federal court. The pharmacies allege that the two drug manufacturers conspired to keep generics of Effexor XR off the market and agreed to prolong Teva’s generic exclusivity rights. The complaint also accuses Wyeth of obtaining fraudulent patents and engaging in sham litigation.

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    Walgreen and other retailers filed a similar complaint against Wyeth and Teva in December 2011.

    Full content: Reuters

     

    Related content: Whistling Past the Graveyard: The Problem with the Per Se Legality Treatment of Pay-For-Delay Settlements (Michael Kades, FTC)

     

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