FTC to Host Media Availability on Commission's First Competition Case Based on "Orange Book" Pharmaceutical Listing

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Media Advisory

The Federal Trade Commission will hold a media availability on Tuesday, April 23, at 1:00 p.m. EST to announce the first FTC law enforcement action stemming from the allegedly wrongful listing of a pharmaceutical patent in the U.S. Food and Drug Administration's "Orange Book." Allegations that the branded company acquired the patent in question for anticompetitive reasons also will be discussed. The FTC already has brought three competition-related matters involving allegedly illegal payments or agreements between branded and generic drug manufacturers over the past two years. The Commission has settled these charges in two matters, and with one of the respondents in a third matter that is pending before an administrative court.

Who: Joseph J. Simons, Director
Bureau of Competition
Federal Trade Commission
When: Tuesday, April 23, 2002, 1:00 p.m.
(room will open at 12:30 p.m. for camera set-up)

Federal Trade Commission
600 Pennsylvania Ave., N.W., Room 532
Washington, D.C.

Call-in Information: Reporters unable to attend the event can call-in to listen to the availability. The toll-free phone number is 1-800-659-4363, the confirmation number is 12073960, and the chairperson is Bruce Jennings.
The lines, which are for media only, will open at 12:45 p.m. EST.

Media Contact: FTC Office of Public Affairs
(202) 326-2161