Litigation
Jul. 13, 2013
Bayer agrees to settle Cipro antitrust case
A proposed settlement agreement filed Thursday in San Diego County Superior Court asks a judge to allow Bayer AG to pay $74 million in cash to end an 11-year antitrust class action stemming from the sale of the drug Ciprofloxacin.
Daily Journal Staff Writer
A proposed settlement agreement filed Thursday in San Diego County Superior Court asks a judge to allow Bayer AG to pay $74 million in cash to end an 11-year antitrust class action stemming from the sale of the drug Ciprofloxacin.
Plaintiffs, who bought the drug, claimed that between 1997 and 2003, Bayer paid $398.1 million to Barr Laboratories Inc., Hoechst Marion Roussel Inc., The Rugby Group Inc....
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