D.C. Court Rebuffs Challenge To Pharmaceutical Statute

Law360, New York (March 16, 2007, 12:00 AM EDT) -- On March 6, 2007, the United States District Court for the District of Columbia rejected a pharmacy benefits manager (PBM) national trade association’s challenge to a District of Columbia law requiring pharmaceutical industry disclosures, called the AccessRx Act of 2004 (the Act). Pharmaceutical Care Management Association v. District of Columbia, No. 04-1082 (D.D.C.).

The decision, which vacates the court’s earlier grant of a preliminary injunction, paves the way for enforcement of Title II of the Act. Title II regulates PBMs by imposing fiduciary duties on them...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.