EU Probes Cephalon, Teva Deal Over Generic Provigil

Law360, New York (April 28, 2011, 6:56 PM EDT) -- The European Union's antitrust watchdog said Thursday it had launched a formal probe of U.S. pharmaceutical giant Cephalon Inc.’s alleged attempt to pay Teva Pharmaceutical Industries Ltd. to keep a generic version of narcolepsy drug Provigil off the market.

The European Commission said it would investigate whether Cephalon’s 2005 settlement with Israel-based Teva to halt its plans to produce Modafinil — the generic version of Provigil —  was a pay-for-delay tactic to keep the drug from entering the European pharmaceutical market.

Teva was one of four...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.