Pfizer to pay over Rs 2574 crore to resolve EpiPen pricing lawsuit

The litigation followed a public outcry in 2016 after Mylan, which owns the rights to market and distribute the devices, raised the price of a pair of EpiPens to $600, from $100 in 2008, putting it in the center of an ongoing U.S. debate over the high cost of medicines.

The lawsuit accused Mylan, which is now part of Viatris Inc, and Pfizer, which manufactured the EpiPen for Mylan, of engaging in anticompetitive conduct that allowed them maintain a monopoly over the market for the devices and their profitable revenues.

U.S. District Judge Daniel Crabtree last month dismissed much of but not all of the claims against Mylan.

The remaining antitrust claims concern a patent settlement the plaintiffs say delayed the launch of a generic epinephrine auto-injector. Mylan has said it "firmly believes that Mylan's conduct was lawful and pro-competitive."

Mylan in 2017 agreed to pay $465 million to resolve U.S. Justice Department claims it overcharged the government for the EpiPen.

Read also: Suit over chemotherapy drug Taxotere: Sanofi loses bid for summary judgment in 2nd bellwether trial