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In Re Bystolic Antitrust Litigation

Date
Citation Number
23-410
Federal Court
U.S. Circuit Court of Appeals for the Second Circuit
The Commission urges the Second Circuit to reverse the district court’s decision dismissing the private plaintiffs’ reverse-payment complaints for failure to state a claim and clarifies the...

Endo Pharmaceuticals Inc./Amneal Pharmaceuticals, Inc.

The FTC is suing Endo Pharmaceuticals, Inc., Endo International plc, Impax Laboratories, LLC, and Impax’s owner, Amneal Pharmaceuticals, Inc., alleging that a 2017 agreement between Endo and Impax violated the antitrust laws by eliminating competition in the market for oxymorphone ER. The complaint charges the defendants with violating Sections 1 and 2 of the Sherman Act, which constitutes unfair methods of competition in violation of Section 5 of the FTC Act. Specifically, Endo, Impax, and Amneal are charged with entering into an illegal agreement in restraint of trade, and Amneal is charged with monopolization of the oxymorphone ER market. The complaint was filed in the U.S. District Court for the District of Columbia on Jan. 25, 2021.

Type of Action
Federal
Last Updated
FTC Matter/File Number
1910104