Antitrust Suit Claims Pharmaceutical Company Hoarded Vascepa's Active Ingredient to Freeze Out Generic Competitors
"For over a decade, Amarin has engaged in a calculated anticompetitive scheme, whereby it executed exclusive, or de facto exclusive, agreements with suppliers to lock up the supply of Vascepa's active pharmaceutical ingredient, icosapent ethyl, in order to freeze its generic competitors out of the market and deprive consumers of affordable medication," the complaint said.
June 18, 2024 at 03:36 PM
4 minute read
AntitrustAmarin Corp., a pharmaceutical cardiovascular care company, was hit with an antitrust lawsuit brought by Buchanan Ingersoll & Rooney on behalf of Apotex last week for allegedly hoarding the supplies to its triglyceride-lowering medication Vascepa.
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