NYC Files Antitrust Suit Vs. Glaxo Over Paxil Patents

Law360, New York (May 19, 2004, 12:00 AM EDT) -- The City of New York has filed a lawsuit against U.K. drug maker GlaxoSmithKline PLC, claiming that the company engaged in "anticompetitive, fraudulent, and inequitable conduct" when it acquired patents for its anti-depressant Paxil.

The complaint claims seeks repayment of the millions of dollars the city has spent purchasing Paxil for New York residents through the Medicaid program.

The suit, filed in U.S. District Court in Philadelphia on Tuesday, alleges that Glaxo hept generic versions of the drug off the market by obtaining more than a...
To view the full article, register now.