FTC asks appeals court to reverse decision in potential antitrust case against AbbVie, generic manufacturers
The FTC wants an appeals court to reverse a district court’s decision to dismiss a case against AbbVie’s Forest Laboratories and generic drug manufacturers over possible antitrust violations with its high blood pressure drug Bystolic (nebivolol).
In a 2020 class action lawsuit, CVS, Rite Aid and other retailers accused Allergan (which acquired Forest in 2014 before it was later bought by AbbVie), and generic giants like Torrent and Amerigen of a reverse payment scheme, also known as pay-for-delay deal, whereby a brand-name manufacturer pays generic companies to not make generics of the drug available in exchange for a certain amount of time and in exchange for money.
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