Beginning Next Week: InsideCounsel will become part of Corporate Counsel. Bringing these two industry-leading websites together will now give you comprehensive coverage of the full spectrum of issues affecting today's General Counsel at companies of all sizes. You will continue to receive expert analysis on key issues including corporate litigation, labor developments, tech initiatives and intellectual property, as well as Women, Influence & Power in Law (WIPL) professional development content. Plus we'll be serving all ALM legal publications from one interconnected platform, powered by Law.com, giving you easy access to additional relevant content from other InsideCounsel sister publications.

To prevent a disruption in service, you will be automatically redirected to the new site next week. Thank you for being a valued InsideCounsel reader!

X

CVS, Rite Aid sue Pfizer, Teva over antidepressant

Suit claims companies conspired to block generic versions of Effexor

Two retailers are joining a drug war against two major pharmaceutical companies.

CVS Caremark Corp. and Rite Aid Corp. yesterday filed an antitrust lawsuit against Pfizer Inc. and Teva Pharmaceutical Industries Ltd., accusing the pharmaceutical companies of conspiring to keep competing generic versions of Pfizer’s antidepressant Effexor XR off store shelves. Walgreen Co., Safeway Inc., Kroger Co., Supervalu Inc., HEB Grocery Co. and American Sales Co. filed a similar complaint in the same court this past November.

According to CVS and Rite Aid’s suit, Pfizer’s Wyeth unit schemed with Teva, a generic manufacturer, to prevent other generic versions of Effexor XR from reaching store shelves for at least two years after its exclusive marketing rights to the drug expired in June 2008. The suit claims Wyeth accomplished this by obtaining fraudulent patents, engaging in fake litigation with Teva and other generic manufacturers, and scheming to prolong Teva’s generic exclusivity rights. As a result, the retailers claim they were overcharged.

CVS and Rite Aid seek treble damages and other remedies.

Ashley Post

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.