Allergan To Pay $300M To End Birth Control Antitrust Case
Law360 (January 6, 2020, 5:26 PM EST) -- Allergan said on Monday that it has agreed to pay several groups of Loestrin buyers a total of $300 million and will avoid a looming trial over claims that a pair of its subsidiaries delayed generic alternatives to the birth control drug.
A trial was set to commence in Rhode Island federal court on Monday over claims that Warner Chilcott and Watson Pharmaceuticals violated antitrust law through patent settlements and other conduct that allegedly kept competing generic versions of Loestrin off the market.
Allergan said in a statement that the settlement includes no admission of wrongdoing and covers classes of direct...
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