Keyword: Par Pharmaceutical

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Novartis to Pay $245 Million in ’Pay for Delay’ Settlement

05.01.2023 -

Novartis has agreed to pay a total of $245 million to settle lawsuits filed by direct purchasers, indirect purchasers and retailers accusing it of colluding with Par...

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AstraZeneca Sells Gastro Treatment to Swiss Group Tillotts

13.07.2015 - In another move to sharpen its focus on oncology, diabetes and respiratory disorders, AstraZeneca has announced it is selling all non-US rights for Entocort, a treatment for Crohn...

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U.S. Supreme Court Win Boosts Fight Against Drug Settlements

24.07.2013 - A U.S. Supreme Court ruling giving regulators the right to sue drugmakers for agreements that delay sale of cheaper generic pharmaceuticals should deter some of the most egregious...

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Top U.S. Court to Decide on Deals to Delay Cheaper Drugs

23.03.2013 - The U.S. Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off...

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Par to Pay $45 Million, End US Probes Over AIDS Appetite Drug

05.03.2013 - Par Pharmaceutical has agreed to pay $45 million to settle federal criminal and civil probes over its marketing and sale of a drug to treat appetite loss in AIDS patients, a...

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FTC Takes "Pay for Delay" Drug Case to U.S. Supreme Court

05.10.2012 - The Federal Trade Commission asked the US Supreme Court on Thursday to take up its fight against deals between brand-name drug companies and generic firms which they say delay the...

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LabCorp Unaware of Any Takeover Attempt

02.08.2012 - Laboratory Corp of America Holdings said it has no knowledge of any plans for a leveraged buyout of the company after a report that a private equity consortium was targeting the...

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Small Generic Drug Firms Need Niches to Survive Looming Price War

21.07.2012 - Aggressive consolidation among U.S. and European generic drugmakers is putting pressure on smaller competitors in the industry, whose best hope of surviving a brewing price war may...