Celgene Settles Class Action Antitrust Case for $55M: Law Firm

July 24, 2019, 5:52 PM UTC

Plaintiffs’ law firm Block & Leviton announced today that it has reached a $55 million settlement with Celgene in a class action case, “In re Thalomid and Revlimid Antitrust Litigation.“

  • Filed in 2014, plaintiffs in class lawsuit alleged that Celgene monopolized the market for Thalomid and Revlimid, used primarily to treat multiple myeloma
  • Specifically, plaintiffs alleged Celgene kept generic versions of two drugs off market,
  • Parties agreed to resolve case after close of discovery and during pendency of plaintiffs’ motion to certify class

Link to Statement: Block & Leviton Announces $55 Million Settlement in Antitrust Case Against Celgene

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