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Bayer To Pay $74M To Settle Cipro Pay-For-Delay Fight

By Melissa Lipman (July 12, 2013, 7:40 PM EDT) -- Bayer Corp. has agreed to pay $74 million to settle a California consumer class action over its alleged pay-for-delay patent deals for blockbuster antibiotic Cipro, according to documents filed Thursday, in the first such settlement to become public since the U.S. Supreme Court breathed new life into the cases....

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