Home FTC's $1.2 Billion Disgorgement Settlement With Cephalon:...
 

Keywords :   


FTC's $1.2 Billion Disgorgement Settlement With Cephalon:...

2015-06-03 04:46:32| Biotech - Topix.net

On May 28, 2015, the Federal Trade Commission announced the settlement of its 2008 lawsuit against Cephalon, Inc. , which alleged that Cephalon had made "reverse payments" to four generic drug manufacturers in order to delay sales of generic versions of its branded sleep disorder drug Provigil. According to the FTC, Cephalon had agree to pay the four generic companies a total of more than $300 million, purportedly for the purchase of an active pharmaceutical ingredient, the licensing of intellectual property, and the co-development rights in a new drug.

Tags: billion settlement cephalon ftcs

Category:Biotechnology and Pharmaceuticals

Latest from this category

All news

»
26.11JELEEBOX
26.11
26.11222CB
26.11BOSS ( ) BB-1X Bass Driver
26.1112010 re0827-141
26.11
26.11 2021 EDITION
26.11DVD
More »