Walgreen, Kroger, Albertsons, HEB sue Allergan over dry-eye drug [Reuters (UK)]
ALLERGAN INC (AGN)
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Source: Reuters
Walgreen, Kroger, Albertsons, HEB sue Allergan over dry-eye drug | Reuters 2 Min Read NEW YORK (Reuters) - Allergan Inc was sued on Wednesday by four large U.S. retailers that accused the drugmaker of antitrust violations for trying to stop rivals from selling generic versions of Restasis, its medication to treat dry-eye disease. Walgreen Co, Kroger Co, Albertsons Cos and HEB Grocery Co accused Allergan of illegally preserving its monopoly by obtaining illegal patents, suing rivals that challenged those patents and transferring the patents to a sovereign Native American tribe, New York’s Saint Regis Mohawk Tribe, to escape scrutiny by U.S. courts. The retailers said generic Restasis would have been on the U.S. market by May 2014 but for Allergan’s activities, and that the Dublin, Ireland-based company should pay triple and other damages for its anticompetitive conduct. Allergan did not immediately respond to requests for comment. The company holds patents covering various elements of
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