Wednesday, April 27, 2005
$65 Million Settlement in Paxil lawsuit
From law.com:
"A federal judge has granted final approval to SmithKline Beecham's $65 million settlement of a class action antitrust suit brought by consumers who said they paid inflated prices for Paxil, a popular anti-depressant drug.
"The suit alleged that SmithKline illegally maintained a monopoly by filing a series of "sham" patent lawsuits that were designed to delay any generic version of the drug from reaching the market."
https://lawprofessors.typepad.com/antitrustprof_blog/2005/04/65_million_sett.html