Senators heap abuse on Allergan's attempt at an end run around patent reviews, offer bill to stop 'sham'
Allergan CEO Brent Saunders $AGN vehemently defended his move to try and shield the company’s Restasis franchise by handing its patents over to a Mohawk Indian tribe as a strike against the inter partes review process, which the company felt was an inherently unfair threat to its blockbuster drug.
What the company accomplished, though, was to stir up a hornet’s nest of angry lawmakers who condemned the move as a sham. And a bipartisan group of lawmakers heavily represented by Republicans retaliated this week with a new bill that would prevent anyone from trying this again.
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