Saturday 3 December 2011

Walgreen, others sue Pfizer over depression drug

(Reuters) - Pfizer Inc and Teva Pharmceutical Industries Ltd were sued by Walgreen Co and four other large retailers, accused of violating U.S. antitrust law by conspiring to keep generic versions of a popular antidepressant off the shelves. Walgreen, Kroger Co, Safeway Inc, Supervalu Inc and HEB Grocery Co accused Pfizer's Wyeth unit of conducting an "overarching anticompetitive scheme" to prevent and delay the approval and marketing of generic versions of the prescription drug Effexor XR, causing them to overpay. In a complaint made public on Thursday by the U.S. ...
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via. World Clone

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