Actavis Laboratories FL, Inc. v. US
Case Number:
23-1320
Court:
Nature of Suit:
Companies
Sectors & Industries:
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June 07, 2024
Fed. Circ. Panel Doubts Bid To Nix Actavis' $12M Deduction
A Federal Circuit panel seemed skeptical of the government's bid to overturn a decision allowing drugmaker Actavis to deduct $12 million it spent fending off lawsuits as it secured approval to sell generics, raising the question during oral arguments Friday whether the company was being uniquely targeted.
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March 21, 2023
Fed. Circ. Urged To Upend Actavis' $12M Legal Fee Deduction
The Federal Circuit should reverse a decision allowing drugmaker Actavis to deduct as regular business expenses $12 million it spent fighting lawsuits as it tried to secure approval to sell generic birth control and other drugs, the government argued.