Novartis, Par Hit With Pay-For-Delay Suit Over Exforge
Law360 (May 16, 2018, 7:59 PM EDT) -- Novartis Pharmaceuticals Corp. was able to keep a generic of its hypertension drug Exforge off the market for years by agreeing to let Par Pharmaceutical Inc. have six months of generic exclusivity, a deal that shunned competition and kept prices higher, according to a proposed class action filed in New York federal court Wednesday.
When Par filed its application to get its generic version of the drug approved, Novartis didn’t even sue for infringement, instead it immediately sought to reach an agreement outside of court, the suit says. Lead plaintiff Puerto Rican health care distributor Drogueria Betances LLC claims this is...
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