Timeline Set For Latest AAM California Challenge
AAM Renews Attack On Legislation Labelling ‘Pay For Delay’ Deals Anticompetitive
A court timeline has been set out for the latest attack by the AAM on Californian legislation that deems “pay-for-delay” litigation settlement deals anticompetitive.
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Stada has appointed general managers for its businesses in Germany and Poland. Meanwhile, US and UK industry associations the AAM and BGMA have announced appointments, Glenmark has added an ex-Teva executive to its board of directors and the MHRA has named a new chair.
As the AAM failed to demonstrate a “concrete or imminent” injury to its member companies, a US appeals court has rejected the agency’s challenge to the Californian law banning “pay-for-delay” deals.
The AAM has filed a lawsuit seeking an injunction to prevent the implementation of Californian legislation banning ‘pay-for-delay’ deals. The law is due to come into effect in January next year.