Wyeth Settles With 4th Drug Co. Over Generic Effexor

Law360, New York (November 6, 2008, 12:00 AM EST) -- A federal judge has approved a consent judgment between Wyeth and Anchen Pharmaceutical Inc., the fourth generic drug maker the pharmaceutical giant has settled with over its popular antidepressant Effexor XR.

Judge James V. Selna of the U.S. District Court for the Central District of California signed off on the sealed joint stipulation Monday, following a settlement and release agreement between the two drug companies dated Sept. 26.

Under the terms of the consent judgment, Anchen has agreed not to make or sell an extended release...
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