BCBS Says Generic Xyrem Delay Was Antitrust Scheme
Law360 (July 14, 2020, 8:51 PM EDT) -- Blue Cross Blue Shield Association has accused Jazz Pharmaceuticals in California federal court of paying off generic-drug makers to delay their rival versions of the pharmaceutical giant's brand name narcolepsy drug Xyrem, arguing the alleged scheme caused buyers to overpay for the drug.
In a proposed class action complaint filed Monday in the U.S. District Court for the Northern District of California, BCBS said that Jazz schemed with generics makers like Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals LLC, Lupin Ltd. and Endo International PLC subsidiary Par Pharmaceuticals Inc. to delay competition with Xyrem, which has annual sales of more than $1.4 billion,...
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