Clarifying Obligation To Report Drug Patent Agreements
Law360, New York (June 7, 2011, 12:12 PM EDT) -- On May 9, 2011, the Federal Trade Commission's Bureau of Competition notified Sanofi-Aventis U.S. LLC, Watson Pharmaceuticals Inc. and Synthon Holding BV that the companies' failure to inform the FTC and the U.S. Department of Justice about patent agreements concerning Sanofi's insomnia drug, Ambien CR, violated the reporting requirements of the Medicare Prescription Drug, Improvement and Modernization Act of 2003. The notifications came in the form of "advisory letters," which purported to clarify the patent agreement filing requirements under the MMA.
While the decision not to initiate enforcement proceedings may reflect the ambiguity of the statute — or the fact that...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!