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Antitrust & Trade Reg.

Jun. 6, 2023

Antitrust trial resumes against Gilead

Dr. Craig Gibbs testified that Gilead would offer a “social bargain” to the competing companies: in exchange for a settlement, Gilead would be able to prevent generics from hitting the shelves for an agreed period of time, allowing it to have temporary monopolistic market power.

Antitrust litigation against Gilead Sciences Inc. continued Monday after a short hiatus with one of the company’s earliest employees testifying that it conspired with other pharmaceutical companies to keep generic HIV medication off the market for a period of time after it invented a new one in order to rake in profits.

Gilead is represented by attorneys from Kirkland & Ellis LLP and Proskauer Rose LLP. Teva Pharmaceuticals USA Inc., a...

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