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K-Dur 20 |
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In the same period, the annual price of K-Dur 20, a potassium replacement, went from $252 to $365 and Imdur, used to clear blood vessels, went from $237 to $525. The complaint charges that Schering-Plough entered into unlawful agreements with Upsher-Smith and American Home Products under which Upsher-Smith and American Home Products agreed not to introduce cheaper generic versions of K-Dur 20 in exchange for payments totaling $90 million. The Complaint charges that Schering-Plough, which owned a formulation patent for K-Dur 20 and anticipated generic entry by competitors prior to expiration of its patent, entered into collusive and anti-competitive agreements between itself and defendants Upsher-Smith and American Home Products pursuant to which Upsher-Smith and American Home Products received financial remuneration from Schering-Plough for refraining from offering a low-priced generic version of K-Dur 20. |
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