FTC Loses Shire Appeal, Losing Round In Fight Against Citizen Petition Abuse

www.oann.com | 3/4/2012 | Staff
hi09hi09 (Posted by) Level 3
WASHINGTON (Reuters) – An appeals court on Monday upheld a judge’s decision dismissing a lawsuit filed by the U.S. Federal Trade Commission to fight the practice of brand-name drug companies using a government petition system to delay cheaper, generic drugs from coming to market.

The 3rd U.S. Circuit Court of Appeals ruled that a federal court in Delaware had been correct in dismissing the FTC’s lawsuit against Shire. Shire was acquired by Takeda Pharmaceutical Co last month.

Agency - ViroPharma - Shire - Petitions - Filings

The agency had objected to ViroPharma, which Shire acquired in 2014, filing 46 “citizen petitions” and other filings between 2006 and 2012 to the...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
How's that peak oil working out for you?
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!