James Langenfeld, Ph.D., Managing Director, Head of Antitrust & Competition Practice, Navigant to Speak at TKG's Emerging Issues in Reverse Payment Settlements

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  • (1888PressRelease) September 27, 2016 - The Knowledge Group/The Knowledge Congress Live Webcast Series has announced today that James Langenfeld, Ph.D., Managing Director, Head of Antitrust & Competition Practice, Navigant will speak at the Knowledge Group's webcast entitled: "Emerging Issues in Reverse Payment Settlements: What You Need to Know in 2017 LIVE Webcast." This event is scheduled for December 6, 2016 from 12:00pm - 2:00pm (ET).

    For further details, please visit:
    https://www.theknowledgegroup.org/all-events-list/live-webcasts/event-homepage/?event_id=2192

    About James Langenfeld, Ph.D.
    Dr. James Langenfeld is a Managing Director at Navigant Economics, an Adjunct Professor at Loyola University School of Law, and the Editor of Research in Law & Economics. As a consultant, he provides economic analyses in the context of litigation, regulation, and economic policy. He has done extensive work in many industries and regularly testifies in litigation and regulatory proceedings at the federal and state levels in the US as well as in Europe, Canada, and other countries. Furthermore, he has served as an economic expert and published several articles on the topic of "pay to delay" cases. His professional experience also includes Director in the Bureau of Economics of the Federal Trade Commission and Senior Economist at General Motors.

    He has published on many topics in applied economics and econometrics, has been awarded many honors, is on the editorial board and referees for professional journals, and serves on the advisory board of professional organizations. He holds a Ph.D. in Economics from Washington University and an A.B. from Georgetown University.

    About Navigant
    Navigant Economics helps companies and government agencies develop innovative solutions across legal, economic, accounting, and regulatory issues. With a team of seasoned experts who have held academic and senior positions, Navigant Economics provides clear and persuasive explanations of complex ideas and analyses to regulators and triers of fact.

    Event Synopsis:
    Reverse payment settlements, also known as pay-for-delay settlements, are among the most contested and fastest developing areas of antitrust law. Post-Actavis, courts continue to assess the degree to which reverse payments are allowed. In FTC v. AbbVie Inc., the District Court for the Eastern District of Pennsylvania dismissed FTC's antitrust actions against AbbVie Inc. and Teva Pharmaceuticals. The court held that the settlement agreement between the parties was not anti-competitive and did not contain a payment-to-delay competition. Conversely, the First Circuit held in In re: Loestrin 24 Fe Antitrust Litigation that non-cash reverse payments are also subject to antitrust scrutiny. Moreover, in March 2016, the FTC filed a complaint against Endo Pharmaceuticals Inc. and several other drug companies for allegedly using pay-for-delay settlements to block consumers' access to lower-cost generic versions of Opana ER and Lidoderm. This enforcement action is the first FTC case challenging a no authorized generic commitment as a form of reverse payment.

    Following these recent FTC enforcement actions, the question remains as to how far the assessment of reverse payment settlements will extend.

    In a two-hour LIVE Webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will discuss the emerging issues in reverse payment settlements. They will provide an in-depth discussion of recent case laws and FTC enforcement actions. Speakers will also give insights on how these will impact future reverse payment litigations.

    About The Knowledge Group/The Knowledge Congress Live Webcast Series
    The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/

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