Anti-trust litigation filed against Dr Reddy’s Laboratories and other generic pharma companies in US

The complaint seeks damages for purported overpayments and equitable relief

Dr Reddy’s Laboratories yesterday said it is among several generic pharma companies, including Celgene and Bristol Myers Squibb, against which an anti-trust litigation has been filed in the US.

In a regulatory filing, the company said a complaint was filed on 18th November, 2022, in the District of New Jersey, USA, and, it, along with other generic pharma firms, has been named as defendants.

“The complaint, which purports to be on behalf of a class of indirect purchasers, asserts claims under federal and state anti-trust laws and other state laws alleging that the defendants improperly restrained competition and maintained a shared monopoly in the sale of brand and generic Revlimid through their respective settlements of patent litigation,” Dr Reddy’s Laboratories said.

Revlimid is a prescription medicine, used to treat adults with multiple myeloma (MM) in combination with dexamethasone, or as maintenance treatment after a type of stem cell transplant that uses an individual’s own stem cells.

The company said the complaint “alleges that the challenged agreements improperly delayed generic entry entirely until 2022 and then improperly limited generic competition through 2026.” The complaint seeks damages for purported overpayments and equitable relief, it added.

Dr Reddy’s asserted that “the allegations against it lack merit and will vigorously defend the litigation.”

Edits by EP News Bureau

anti-trust litigationBristol Myers SquibbCelgeneDr Reddy's Laboratoriesgeneric pharma companies
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