Actavis, Others Plotted To Delay Generic Namenda, Suit Says
Law360, New York (June 9, 2015, 1:44 PM EDT) -- Actavis PLC and other pharmaceutical companies were hit with a proposed class action in New York federal court Monday over an alleged scheme to delay generic versions of the Alzheimer's drug Namenda, days after Actavis asked the Second Circuit to rethink an injunction related to the drug.
In its complaint, pension fund A.F. of L. - A.G.C. Building Trades Welfare Plan accused Actavis, its Forest Laboratories LLC unit as well as various generic manufacturers such as Amneal Pharmaceuticals LLC and Teva Pharmaceuticals USA Inc. of carrying out an unlawful scheme to maintain a monopoly in the market for memantine hydrochloride, which...
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