Allergan, Others Cough Up $9M In Product-Hopping Suit
Law360 (February 16, 2018, 8:52 PM EST) -- Allergan Inc., Senju Pharmaceutical Co. Ltd. and Kyorin Pharmaceutical Co. Ltd. have agreed to pay Hartig Drug Co. Inc. $9 million to end a putative class action alleging product-hopping over eye care products Zymar and Zymaxid, according to documents filed Friday in Delaware federal court.
Iowa-based Hartig said in a memo supporting the deal that approximately 95 direct purchasers of either pink-eye treatment product will be eligible to benefit from the settlement, which comes on the heels of other deals the three drug companies made to settle a similar lawsuit brought by Apotex Inc. in 2012.
"The proposed settlement resolves all...
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