Rite Aid Joins Pay-For-Delay MDL Over Generic Niaspan
Law360, New York (May 7, 2015, 6:47 PM EDT) -- A Pennsylvania federal judge folded Rite Aid Corp.’s pay-for-delay suit against AbbVie Inc. and Teva Pharmaceuticals Industries Ltd. over Niaspan generics into related multidistrict litigation pending in the same court on Wednesday, marking the 19th antitrust action in the matter.
The drugstore chain's suit now joins actions by four other direct purchasers of the cholesterol drug claiming, along with 14 end-payors, that AbbVie and Teva reaped millions for illegally delaying the entry of Niaspan generics into the market as part of a collusion with the drug’s maker, Kos Pharmaceuticals.
Rite Aid’s suit, filed April 14, says that while the first of multiple...
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