Teva sues Corcept over mifepristone 'monopoly' for rare disorder
By Mike Scarcella
June 13 (Reuters) -Teva Pharmaceuticals TEVA.TA sued rival drugmaker Corcept Therapeutics CORT.O in federal court in San Francisco on Thursday, accusing it of monopolizing the market for mifepristone-basedKorlym, used to treat a rare hormonal disorder called Cushing's syndrome.
The lawsuit said Corcept and specialty pharmacy Optime Care, the sole distributor of Korlym, orchestrated “a multifaceted scheme to prolong Corcept’s monopoly by stifling competition from Teva at every turn.” Teva accused Corcept of "paying bribes and kickbacks" to physicians to keep them prescribing brand Korlym.
Korlym's active ingredient is mifepristone, the same drug used for medication abortion at the center of Thursday’s U.S. Supreme Court ruling that rejected a legal challenge seeking to curtail access to the drug for terminating pregnancies.
Teva's antitrust lawsuit, which does not refer to the drug's use for abortion, said Corcept and Optime have a long-term exclusive-dealing arrangement that bars Optime from distributing any medication that competes with Korlym.
Corcept and Optime did not immediately respond to requests for comment on Thursday.
Teva in a statement said that Corcept's anticompetitive conduct "has prevented patients with Cushing’s syndrome from accessing lower-cost generics to treat their debilitating disease.”
Cushing’s, caused by too much of the hormone cortisol in the body, affects about 20,000 people in the United States and can be fatal, the lawsuit said. Symptoms include abnormal weight gain and a fatty hump between the shoulders.
Teva said it launched its generic version of Korlym five months ago, but “during that time Teva has captured close to zero market share.”
The lawsuit said Teva has tried to convince Optime to distribute Teva's generic Korlym, but Optime has refused.
"Optime’s representatives made clear that there was nothing Teva could do to gain access to the Optime distribution channel," according to the lawsuit.
Teva accused Corcept of artificially inflating the cost of Korlym based on the company’s market power. The lawsuit said a year’s supply of the drug can be “several hundred thousand dollars or more.”
Corcept sued Teva in 2018 in New Jersey federal court for allegedly infringing on Korlym patents. A judge ruled for Teva last year, and Corcept has appealed.
Reporting by Mike Scarcella
Editing by David Bario and Rod Nickel
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
