FTC rules drug companies illegally delayed generics

12/19/2003 | Forbes

The U.S. Federal Trade Commission (FTC) issued an administrative opinion concluding that Schering-Plough, Upsher-Smith Laboratories and American Home Products entered into illegal agreements to delay the entry of generic competitors of K-Dur 20 into the market. It said Schering-Plough, the brand-name manufacturer, arranged with Upsher and AHP, generic makers, to deter their production; Schering-Plough said it would appeal the ruling.

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