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$94M Settlement Reached in Celebrex Antitrust Class Action Lawsuit


This is a settlement for the Celebrex lawsuit.

Richmond, VA: A $94 million settlement has been reached in an antitrust lawsuit between a class of direct purchases and Pfizer, potentially ending allegations that the pharmaceutical company used fraudulent patents to delay generic competition for its anti-inflammatory drug Celebrex.

In August, a US district judge certified a class of 32 direct purchasers who alleged Pfizer cost Celebrex buyers hundreds of millions of dollars by abusing the courts and the US Patent and Trademark Office to extend its exclusive access to the drug.

On November 22, both sides filed a motion for preliminary approval of a settlement. A memorandum supporting the motion states, “The settlement assures that direct purchaser class members will receive substantial cash payments now while avoiding the uncertainties and delays of continued litigation and potential appeals.”

If approved, the settlement will end the litigation which began in 2014, and addresses issues that allegedly go back to 2008.

The case is In re Celebrex (Celecoxib) Antitrust Litigation, case number 2:14-cv-00361, in the U.S. District Court for the Eastern District of Virginia.

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Published on Nov-28-17

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READER COMMENTS

Posted by
Dawn Robinson
on
I was prescribed this medication for migraines. My insurance wouldn't cover it. It never helped. It gave me asthma attacks. Not they kept prescribing it. Guess the doctor was getting a kick back as well.

Posted by
Jean Nedd
on
Used until Insurance Company stop paying for medication

Posted by
vanessia freeman
on
Very expensive meds not very effective

Posted by
Mary Carol Herrington
on
I used this drug for years until last year, when I could no longer afford it.

Posted by
Rosalind Rasheed
on
I know a lot of people got taken with this one!

Posted by
Mandy Likens
on
Paid out a lot of money for use of this drug. It's a shame what you have to pay to try to feel better

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