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FTC pledges to fight reverse payments in 2010

Eileen McDermott, New York

Antitrust officials in the US this week urged Congress to ban settlement agreements between generic and brand name drug companies, saying that they cost consumers $3.5 billion a year

The US Federal Trade Commission made the claim in a study presented at a press conference on Wednesday. Speaking to reporters, FTC chairman Jon Leibowitz called on Congress to adopt a provision as part of the US health care reform...

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