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October 30, 2007
Abbott Laboratories Faces Lawsuit Over AIDS Drug
On Monday, October 29, four pharmacy chains and one wholesaler filed a lawsuit against Abbott Laboratories over the price of its antiretroviral drug Norvir (pharmalot.com/The Wall Street Journal, 10/30).
Safeway, Walgreen, Kroger, Supervalu’s New Albertson’s and American Sales accuse Abbott of abusing its monopoly as the sole provider of Norvir when it increased the drug's price in 2003.
An Abbott spokesman has said that the suit is without merit.
Two HIV-positive people in California and the Service Employees International Union Health and Welfare Fund have already sued Abbott. That suit is scheduled to go to trial in June 2008.
