FTC Says Court Ruled AbbVie Used 'Sham Litigation' To Maintain Androgel Monopoly

The U.S. District Court for the Eastern District of Pennsylvania in the case FTC v. AbbVie ruled that AbbVie used sham litigation to illegally maintain its monopoly over the testosterone replacement drug Androgel and ordered $448 million in monetary relief to consumers who were overcharged for Androgel as a result of AbbVie's conduct.

This court order represents the largest monetary award ever in a litigated FTC antitrust case.

Federal Trade Commission Chairman Joe Simons issued a statement regarding the decision. "This decision is a double victory, both for patients who rely on Androgel and for competition more broadly. It sends a clear signal that pharmaceutical companies can't use baseless litigation to forestall competition from low-cost generics." 

The FTC filed a complaint in federal district court in 2014 charging that AbbVie Inc. and its partner Besins Healthcare Inc. illegally blocking American consumers' access to lower-cost alternatives to Androgel by filing baseless patent infringement lawsuits against potential generic competitors. 

 

Disclaimer: TheFly's news is intended for informational purposes only and does not claim to be actionable for investment decisions. Read more at  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.