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LAWSUITS NEWS & LEGAL INFORMATION

Warner Chilcott Ltd.

New York, NY: (Jun-12-07) New York Attorney General Andrew Cuomo's office filed charges against Warner Chilcott Ltd. alleging that the pharmaceuticals company illegally conspired with Barr Pharmaceuticals Inc. to block a generic drug for its oral contraceptive, Ovcon.

The settlement is related to a November 2005 lawsuit, alleging Warner Chilcott agreed to pay Barr $20 million for a five-year exclusive license for the generic version of Ovcon. Warner Chilcott develops and sells branded prescription drugs in women's health care and dermatology therapeutic categories.

In a settlement reached, Warner Chilcott agreed to pay $5.5 million to resolve allegations. Under the terms of the settlement, Warner Chilcott will pay the money to 34 states and the District of Columbia. It has also agreed not to enter into certain agreements that keep potential generic competitors off the market. [REUTERS: GENERIC OVCON]


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Published on Jun-13-07


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