By Khorri Atkinson (July 12, 2021, 5:34 PM EDT) -- Novo Nordisk Inc., CVS Health Corp. and other drugmakers and pharmacy benefit managers partially secured their bid to escape claims, at least for now, that they colluded to drive up insulin drug prices after a New Jersey federal judge said allegations that direct buyers paid inflated prices weren't enough to support the buyers' antitrust claim.
U.S. District Judge Brian Martinotti, who on Friday tossed the antitrust claim without prejudice, agreed that drug wholesalers FWK Holdings LLC and Professional Drug Co. Inc. lack associational standing to assert an injury claim against the defendants under Section 2(c) of the Robinson-Patman Act. The antitrust...
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