Biogen Asks Judge To Toss Neurological Drug Antitrust Suit
By Fola Akinnibi (May 25, 2017, 1:48 PM EDT) -- Biogen Inc. asked a California federal judge to toss an antitrust suit brought by a pharmaceutical research company, arguing Wednesday that the company failed to show how Biogen's decision to enter a patent settlement and license agreement caused any harm to competition.
In a motion to dismiss with prejudice, Biogen argued that its settlement and license agreement with Forward Pharma FA ApS, which resulted in Forward's termination of a collaboration agreement with Ixchel Pharma LLC, had no effect on competition in the market for dimethyl fumerate, the active ingredient in Biogen's multiple sclerosis drug. Ixchel had alleged that Biogen specifically stopped a...
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