Supreme Court Ruling Creates Uncertainly for Drug Makers (ACT) (MYL) (MRK)

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Supreme Court Reverses U.S. Court of Appeals Decision in FTC v. Actavis (ACT)

June 17, 2013 11:50 AM EDT

Actavis, Inc. (NYSE: ACT) today announced that the United States Supreme Court has reversed the decision of the U.S. Court of Appeals for the Eleventh Circuit, which had affirmed the District Court's ruling granting Actavis' motion to dismiss the Federal Trade Commission's lawsuit, FTC v. Actavis, Inc. The Supreme Court's reversal was the result... More