Actavis $19M Deal In ADHD Drug Antitrust Suit Gets Initial OK
By Julia Arciga (September 14, 2020, 2:03 PM EDT) -- A Massachusetts federal judge has given her initial approval of a $19.9 million settlement deal between pharmaceutical company Actavis and the direct purchaser class in a lawsuit that accused the company, along with fellow pharma company Shire, of conspiring to delay sales of a generic version of the attention deficit hyperactivity disorder medication Intuniv.
In a Friday order, U.S. District Judge Allison D. Burroughs gave a preliminary greenlight for Actavis to pay $19.9 million to the class of direct purchasers in exchange for the class permanently tossing the lawsuit against the pharmaceutical company.
Friday's approval stayed all proceedings in litigation between...
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