Amgen Presses Case Involving Anemia Drug
- Share via
Thousand Oaks-based biotech giant Amgen Inc. asked an arbitrator to invalidate an agreement by which Johnson & Johnson obtained rights to Procrit, an anemia drug that is one of J&J;’s top-selling products. The two companies squared off in Chicago before Frank McGarr, an arbitrator who is considering requests from both sides that he make a quick ruling on the matter without a drawn-out trial. It’s not clear when McGarr will respond to the demands for summary judgment after a meeting in which both firms presented their cases. Amgen charges J&J; violated the 1985 agreement under which it got rights to Procrit by intentionally selling the drug for use in treating kidney-dialysis patients in the U.S., a market for which Amgen has exclusive rights.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.