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Supreme court says FTC can sue over deals that delay generic drug sales

Started by riky, June 18, 2013, 09:00:19 AM

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Supreme court says FTC can sue over deals that delay generic drug sales

By Lawrence Hurley and Diane Bartz WASHINGTON (Reuters) - The Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say increase costs to consumers by billions of dollars. But the court, in a 5-3 vote with Justice Samuel Alito recused, declined the Federal Trade Commission's request to declare the deals to be presumed to be illegal. The regulatory agency has fought the practice for more than a decade. ...

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