FTC finds generics makers paid to drop patent challenges
Following two federal appeals court rulings last year that rejectedFTC actions that had prevented brand-name companies from payingtheir rivals to drop patent challenges, an FTC analysis has foundat least seven agreements made in fiscal 2006 and three in 2005between brand-name drug companies and generic companies. Speakingto the In-House Counsel's Forum on Pharmaceutical Antitrust, FTCcommissioner Jon Leibowitz said that if the appeals court decisionsremain in force, rival drugmakers will have "carte blanche to avoidcompetition and share resulting profits.
Following two federal appeals court rulings last year that rejected FTC actions that had prevented brand-name companies from paying their rivals to drop patent challenges, an FTC analysis has found at least seven agreements made in fiscal 2006 and three in 2005 between brand-name drug companies and generic companies. Speaking to the In-House Counsel's Forum on Pharmaceutical Antitrust, FTC commissioner Jon Leibowitz said that if the appeals court decisions remain in force, rival drugmakers will have "carte blanche to avoid competition and share resulting profits." In addition, Leibowitz said the commission has agreed to ask the Supreme Court to overturn one of the lower-court decisions.
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Challenges for Pharmacies in 2025: What to Expect and How to Prepare
January 8th 2025Pharmacy professionals are used to overcoming obstacles in this competitive, dynamic field. But the coming year will bring challenges affecting patient care, the industry workforce and their business. Pharmacies must be ready to do more than weather the storm; they need deliberate strategy and sophisticated tools to thrive amidst these obstacles. This white paper will discuss the issues and solutions that should be at the top of every pharmacy professional’s mind as they start the new year.
