CVS, Rite Aid Strike Deal In OxyContin MDL

Law360, New York (May 18, 2011, 4:56 PM EDT) -- CVS Pharmacy Inc., Rite Aid Corp. and other direct purchasers of OxyContin reached a settlement Tuesday with Purdue Pharma LP in multidistrict litigation in New York alleging the drugmaker filed bogus patent litigation to crush generic competition for the painkiller.

The drugstore chains and Purdue filed joint stipulations of dismissal with prejudice, resolving the cases months after a settlement with other direct purchasers in the case was reached. No further details on the settlement were immediately available.

Plaintiffs in the multidistrict litigation, into which numerous individual...
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