Mergers & Antitrust Law News

Erectile Dysfunction Shock Therapy Suit Dropped After Settlement

June 11, 2020, 3:01 PM

A Los Angeles medical practice dropped its proposed monopolization class action over GAINSWave, a shockwave-based erectile dysfunction treatment, days after disclosing a tentative settlement with Sexual MD Solutions LLC.

Judge Stephen V. Wilson agreed Wednesday to dismiss the lawsuit by Novus Anti-Aging Center Inc., which alleged a wide-ranging scheme to corner the treatment market. The terms of the agreement—which the two sides hinted at in a June 5 filing and confirmed June 8—weren’t made public.

The antitrust suit, filed in April in the U.S. District Court for the Central District of California, accused Sexual MD of conspiring with two...

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