GSK, Teva Face Antitrust Class Action Over Lamictal Deal
Law360, New York (February 23, 2012, 7:32 PM EST) -- A drug distributor lodged a putative antitrust class action against GlaxoSmithKline PLC and Teva Pharmaceutical Industries Ltd. in New Jersey federal court Wednesday, accusing the companies of conspiring to keep a generic epilepsy drug off the market in order to maximize profits.
Louisiana Wholesale Drug Co. Inc. filed the suit on behalf of all those who purchased Lamictal-brand lamotrigine tablets since February 2008, alleging that Teva put the brakes on a patent challenge to Lamictal in 2005 in order to strike a deal with GSK that would benefit both companies while hurting consumers.
The subsequent settlement and license agreement allowed Teva...
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