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Federal Trade Commission

Maryland settles lawsuit with drug maker accused of creating a monopoly

Maryland settles lawsuit with drug maker accused of creating a monopoly

Maryland joined four other states and the Federal Trade Commission in announcing a $100 million settlement Wednesday with Mallinckrodt ARD Inc., formerly known as Questcor Pharmaceuticals Inc., for allegedly monopolizing the market for a lifesaving drug called Acthar.

Acthar is a therapeutic adrenocorticotropic hormone, or ACTH, and is used to treat infantile spasms, a rare but devastating neurological disease; nephrotic syndrome, a kidney disorder; and multiple sclerosis.

The lawsuit alleged Questcor blocked competition for its ACHT drug, HP Acthar Gel, by acquiring U.S. rights to Synacthen Deport, the only other ACTH drug sold in the world.

Questcor acquired Acthar...

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