Monday, June 27, 2011

Servier sued for £220m in generic drug case - FT.com

The UK government has launched a lawsuit claiming £220m ($351m) of damages against Servier Laboratories, alleging that the French pharmaceuticals company “abused” its dominant position by causing a delay to rivals that wanted to launch their own generic versions of a blood pressure drug.

Andrew Lansley, health secretary, and more than 150 primary care trusts are claiming that between July 2001 and July 2007, Servier formed and implemented a strategy of preventing the generic drug perindopril from reaching the market in a move that led to “elevated prices” being paid by the NHS.

via ft.com

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