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Re: ThomasS post# 58610

Monday, 02/04/2008 7:40:53 PM

Monday, February 04, 2008 7:40:53 PM

Post# of 257302
>>TEVA/Amphastar: Wouldn't any anti-trust case infer that monetary damages are due despite no approved generic product?

This is not about the FDA action. FDA has the right to approve drugs regardless of whether they have patent protection.

However, if a drug carries patent protection that has been obtained by defrauding the Patent Office, then the company is able to gain profits from sales for a longer period of time due to the fraud.

Proving damages in such a case will be quite interesting.

As to trebling the damages, once you say the profits were obtained by defrauding the government and that the damages flowed directly from the fraud then you have a policy argument for trebling the damages.

ij

There are times when rules and precedents cannot be broken; others when they cannot be adhered to with safety. (Thomas Joplin)

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