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Teva to pay $512m to settle Provigil class action

This article was originally published in Scrip

Executive Summary

Teva has agreed to pay $512m to settle a class-action lawsuit in which direct purchasing firms asserted Cephalon, which the Israeli company acquired in 2011, paid generic competitors in 2008 more than $200m to keep cheaper versions of the narcolepsy and sleep apnea drug Provigil (modafinil) off the US market.

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