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Home » Court Revives Antitrust Suit Against Takeda
Court Revives Antitrust Suit Against Takeda
February 16, 2017
An appeals court has revived a class action suit charging that Takeda stifled generic competition.
In the initial federal complaint, a group of municipalities and unions claimed the company maintained a monopoly with its diabetes drug, Actos, by using false patent descriptions to delay approvals for competitors’ products.
In a ruling, the U.S. Court of Appeals for the Second Circuit in Manhattan revived a portion of the suit after the class action was dismissed by a federal judge.
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