In the Celebrex case, Faruqi & Faruqi represents a pharmaceutical wholesaler and a proposed class of direct purchasers of Pfizer’s blockbuster anti-inflammatory drug, Celebrex. The case alleges that Pfizer procured a patent by committing Walker Process fraud and then filed patent litigation against generic drugmakers Teva Watson and Mylan, to delay their entry into the market with less-expensive generic versions of Celebrex , forcing direct purchasers to pay higher branded prices rather than lower generic prices for longer than they otherwise would have. Celebrex had annual sales of over $1 billion during the relevant time, making the overcharge paid by direct purchasers quite substantial.
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Filed on 09/13/2014
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