Mylan to Pay $96.5 Million to Settle Generic Provigil Claims

  • Accord is subject to approval by U.S. judge in Philadelphia
  • Suit claimed drugmaker conspired to delay generic version
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Mylan NV agreed to pay $96.5 million to settle claims that the company conspired to delay a generic version of Cephalon Inc.’s Provigil drug in exchange for payment from the company.

The agreement, which is subject to approval by U.S. District Judge Mitchell Goldberg, was revealed in a Feb. 3 filing in federal court in Philadelphia.