AmerisourceBergen, Pharmacy At Draw In $106M Contract Row

Law360, New York (October 26, 2012, 6:51 PM EDT) -- A Pennsylvania federal judge on Friday denied dueling summary judgment bids by pharmaceutical wholesaler AmerisourceBergen Drug Corp. or retail pharmacy Kohll's Pharmacy and Homecare Inc. in their row over a $106 million drug supply contract, saying neither had proved its case.

According to U.S. District Judge Gene E.K. Pratter’s order denying partial summary judgment to either party, AmerisourceBergen had not proved Kohll’s early termination of the supply contract meant it owed the full $106 million supposedly due. Nor had Kohll’s proved the contract should be voided...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.