House Bill Would Ban Reverse Payment Settlements

[The Straight Story]

House Bill Would Ban Reverse Payment Settlements

Law360, New York (March 26, 2009) -- U.S. Rep. Bobby Rush, D-Ill., has introduced legislation that would prohibit brand-name drugmakers from paying generics makers to keep generic competition off the market.

The Protecting Consumer Access to Generic Drugs Act of 2009, introduced Wednesday, targets controversial so-called reverse payment settlements, which have already sparked lawsuits by consumers and the Federal Trade Commission....

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