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September 25, 2015
In Re Prograf Antitrust Litigation
Econ One was retained by counsel for the plaintiffs in the In Re Prograf Antitrust Litigation. The plaintiffs were a class of direct purchasers of the brand name prescription drug Prograf, an immunosuppressant. They alleged that the defendants violated antitrust laws by improperly delaying the market entry of cheaper generic substitutes to Prograf.
Econ One expert Jeffrey Leitzinger submitted an expert report relating to class certification issues. Those issues included the likely impact of a delay in generic competition on the class members, the availability of common, class-wide economic evidence and methodologies that would demonstrate class-wide impact in the form of overcharges, and whether those overcharges could be calculated as a whole on an aggregate basis using reliable methodologies. Dr. Leitzinger also submitted an expert report addressing the issues of monopoly power, market definition, and aggregate overcharge damages, as well as a rebuttal report on those same topics. After the class was certified, Dr. Leitzinger provided deposition testimony. The case was settled prior to trial. Dr. Leitzinger then submitted a proposed allocation plan for damages to the court in support of the settlement. The court approved both his damages and allocation methodologies as fair and reasonable.