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Title: High court weighs drug companies' generics policy Post by: apples on March 25, 2013, 01:43:07 PM Quote WASHINGTON – The Supreme Court is struggling with whether it should stop pharmaceutical corporations from paying generic drug competitors to delay releasing their cheaper versions of brand-name drugs. Justices heard arguments from federal officials Monday that these deals can be anti-competitive and keeps lower-cost generic drugs out of American hands. But pharmaceutical companies say these deals save litigation costs and often bring generics to market faster. A government lawyer argued the companies should be forced to prove that their deals serve a purpose beyond simply paying a generic drug's maker not to challenge a brand-name drug's patent. But a pharmaceutical company lawyer says they shouldn't be forced to litigate each generic vs. brand-name drug patent lawsuit to conclusion when a settlement can be reached. Justices will make a decision later this year. http://www.foxnews.com/politics/2013/03/25/supreme-court-weighs-drug-companies-pay-to-delay-generics-policy/ |