Drug firms agree to settle U.S. suit for $176 million
Article Abstract:
Major pharmaceutical makers have reached an agreement to pay a settlement of $176 million in a case that alleged the firms overcharged consumers in California for drugs, even as they gave discounts to large buyers. These drugs were purchased at small pharmacies. The case is the latest in a continuing legal fight between major drug manufacturers and independent pharamacies and their customers. Customers claim that a dual pricing system dominated the drug industry in the early 1990s.
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Major pharmaceutical makers to pay a settlement of $176 million US in suit
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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U.S. jury deadlocks on Genentech case
Article Abstract:
A human growth hormone patent infringement lawsuit filed by the University of California at San Francisco (UCSF) against South San Francisco, Calif.-based Genentech ended when the US. federal judge dismissed the deadlocked jury. Genentech, which had faced $200 million in damages if convicted, has turned the human growth hormone into a major product. UCSF is considering filing a new suit.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Drug Makers' Fight For Patent Rights Puts Them in a Vise
Article Abstract:
A lawsuit by forty pharmaceutical companies seeks to overturn a law signed by former South African president Nelson Mandela. The lawsuit, which is being heard by a Pretoria court, revolves around a law that allows the importing of generic drugs based on patented drugs.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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