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Vandana Singh

Novartis, AbbVie Face Legal Defeat Over 340B Contract Pharmacies

ABBV AbbVie Novartis Maine United States

Pharmacy,,Pills,And,Tablet,With,Hands,Of,Person,For,Medicine,

A U.S. federal judge has rejected challenges by two pharmaceutical manufacturers seeking to block a Maine law that regulates the use of contract pharmacies under the federal 340B drug discount program.

Novartis AG (NYSE:NVS) and AbbVie Inc. (NYSE:ABBV) argued the statute conflicted with federal law and violated constitutional provisions, but the court disagreed.

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