Investigation and a pending class action lawsuit on behalf of direct purchasers of the Provigil (modafinil), a prescription drug which treats sleeping disorders and is manufactured and sold by defendant Cephalon, Inc.
Just prior to the expected entry of generic competition for Provigil, Cephalon entered into agreements with nearly all of its anticipated generic rivals, including Barr Laboratories, Inc., Teva Pharmaceutical Industries, Ltd., Teva Pharmaceuticals USA, Inc., Ranbaxy Laboratories, Ltd., Ranbaxy Pharmaceuticals, Inc., and Mylan Laboratories, Inc. Because these companies are entitled to an exclusivity period under a federal law known as the Hatch Waxman Act, delaying their entry also froze out other potential generic competitors, like Apotex Corporation. As a result, purchasers continue to pay inflated prices on their Provigil purchases.
The Federal Trade Commission recently concluded its own probe into Cephalon's activities, and filed a complaint accusing Cephalon of monopolization.
Do not change medications without first consulting your doctor.
Name (Stock Symbol)
Cephalon, Inc. (CEPH)
Cephalon, Inc. is a biopharmaceutical company.
Mylan Pharmaceuticals Inc.
Mylan Pharmaceuticals Inc., a subsidiary of Mylan Inc., manufacturers generic drugs.
Teva Pharmaceutical Industries Ltd, (TEVA)
Teva Pharmaceutical Industries Limited develops, produces, and markets generic and branded pharmaceuticals, biogenerics, and active pharmaceutical ingredients.
Barr Laboratories, Inc.
Barr Laboratories, Inc. is also known as Barr Pharmaceuticals. It manufactures and markets generic and proprietary pharmaceuticals. In 2008, Teva Pharmaceutical Industries Ltd acquired Barr Laboratories.
Teva Pharmaceuticals USA, Inc.
Teva Pharmaceuticals USA, a wholly owned subsidiary of Teva Pharmaceutical Industries Ltd., is a generic pharmaceutical company, marketing products from a wide range of therapeutic areas including cardiovascular, anti-infective, CNS, anti-inflammatory, oncolytic, antidiabetic, analgesic, dermatology, respiratory, and female healthcare
The information provided on ClassAdvocate.com is general in nature,
does not apply to any particular factual situation, and is not and
should not be taken as legal or other professional advice. We make no
commitment or warranty that the factual, legal or any other information
on ClassAdvocate.com, or on any linked website, is accurate, complete,
error-free, or current. As such, you should not rely on such information,
and should seek professional advice if and as you determine appropriate.
ClassAdvocate.com is not a lawyer referral service, and no attorney-client
or confidential relationship is or should be formed by use of the site.
The investigations listed on ClassAdvocate.com are attorney advertisements
and do not in any way constitute a referral or endorsement by ClassAdvocate.com
or any approved or authorized lawyer referral service.