Drugmaker, Retailers Strike Deal In Loestrin Antitrust MDL
Law360 (May 20, 2019, 6:08 PM EDT) -- Lupin Pharmaceuticals cut a deal that will allow it to escape antitrust claims leveled against it by Walgreens, CVS and other retailers that it conspired with two other pharmaceutical companies to keep generic versions of birth control drug Loestrin off the market.
The stipulation filed Friday in Rhode Island federal court releases Lupin from part of the multidistrict litigation that seven retailers leveled alongside two other sets of Loestrin buyers against Lupin, Warner Chilcott PLC and Watson Pharmaceuticals Inc. Lupin is still facing allegations from the other drug purchasers, namely corporate direct buyers such as drug wholesalers, and end-payors, which include health...
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