Teva Barred From Agreeing ‘No-Authorized Generics’ Deals Under Reverse-Payment FTC Settlement

Modifying terms to a 2015 consent decree involving its Cephalon unit, Teva has reached a global settlement agreement with the US Federal Trade Commission that dismisses Teva and its affiliates from three outstanding antitrust cases.

FTC
Teva Has Struck A Deal With The FTC To Resolve Pending Claims In Three Cases • Source: Shutterstock

Teva will be barred from entering into the “two most pernicious and common forms of reverse payments” under a global settlement it has reached with the US Federal Trade Commission, which resolves pending claims in three separate federal court antitrust lawsuits involving subsidiaries of the Israeli firm.

If approved by the various courts, the FTC says, the stipulated order will prohibit Teva from engaging in reverse-payment patent...

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