Wednesday, April 27, 2005

FTC asks 11th Circuit to reconsider Schering ruling

from Reuters:

U.S. antitrust authorities on Friday, April 22, asked a federal appeals court to reconsider a recent ruling that reversed a finding that Schering-Plow Corp. illegally kept cheaper versions of its blood pressure drug K-Dur off the market.

The staff of the U.S. Federal Trade Commission filed a petition with the U.S. Court of Appeals for the 11th Circuit in Atlanta requesting that the full court review the case, the agency said.

A three-judge panel on March 8 rejected a 2003 FTC ruling that concluded Schering-Plough's patent settlements with two other companies amounted to pay-offs not to compete.


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