Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

A Member of the Law Professor Blogs Network

Saturday, July 7, 2012

Federal Trade Commission Suffers Another Setback in Its Campaign to End Pharmaceutical Reverse-Settlement Agreements

Posted by D. Daniel Sokol

Aidan Synnott & William Michael (Paul, Weiss, Rifkind, Wharton, & Garrison) argue that the Federal Trade Commission Suffers Another Setback in Its Campaign to End Pharmaceutical Reverse-Settlement Agreements.

ABSTRACT: For over a decade, the Federal Trade Commission has sought, with little success, to end "reverse settlement" payments among manufacturers of branded and generic pharmaceuticals. On April 25, 2012, the Eleventh Circuit Court of Appeals dealt another blow to the FTC's campaign against reverse settlements. In Federal Trade Commission v. Watson Pharmaceuticals, the Court affirmed the dismissal of a complaint alleging that a reverse settlement payment, made by the holder of a pharmaceutical patent to two generic drug manufacturers, violated the antitrust laws. The decision renders reverse settlements "immune from antitrust attack" in the Eleventh Circuit in most circumstances, and further diminishes the FTC's chances of persuading other courts to adopt its policy position.

http://lawprofessors.typepad.com/antitrustprof_blog/2012/07/federal-trade-commission-suffers-another-setback-in-its-campaign-to-end-pharmaceutical-reverse-settl.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef017615f5ab54970c

Listed below are links to weblogs that reference Federal Trade Commission Suffers Another Setback in Its Campaign to End Pharmaceutical Reverse-Settlement Agreements:

Comments

Post a comment