According to a report from Reuters, a federal appeals court on Tuesday, August 21, upheld the dismissal of two proposed class actions alleging that Novartis engaged in a monopolistic scheme to delay the introduction of generic versions of its leukemia drug Gleevec into the US market.
The 1st US Circuit Court of Appeals in Boston ruled that direct purchasers of Gleevec, as well as health plans which indirectly bought the drug, had failed to sufficiently allege Novartis’ actions violated antitrust law.
Full Content: Reuters
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