For the second year running, pay-for-delay deals declined in 2015, the Federal Trade Commission (FTC) has said in a report.
This suggests a reaction to the ruling of the Supreme Court case of 2013 involving the FTC and Actavis, declaring that branded drug manufacturers’ reverse payments to generic competitors to settle patent litigation can violate the antitrust laws.
In 2012, the number of these pay-for-delay agreements was 40. By 2014, the second complete year of filings since the court ruling, this number had dropped to 21, and in 2015 it decreased further to just seven.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze