FTC to Pursue Case Against Schering
- Share via
The Federal Trade Commission said it will pursue its case against Schering-Plough Corp. and Upsher-Smith Laboratories for allegedly using a patent settlement to keep cheaper versions of a popular heart medication off the market.
An FTC administrative law judge ruled earlier that the agency had failed to prove the 1997 patent settlement between the companies was aimed at thwarting competition.
The FTC had contended that Schering-Plough used a patent agreement with American Home Products and Upsher-Smith to delay generic versions of blood pressure medication K-Dur. It estimated the patent agreements had cost U.S. consumers more than $100 million.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.