District Court sets accelerated date to resolve Takeda suit against FDA over Colcrys
The US District Court for the District of Columbia, presiding in a law suit between Japanese drugmaker Takeda (TYO: 4502) and the US Food and Drug Administration, has set an accelerated hearing to resolve the case.
Takeda filed a law suit against the FDA for violation of the Administrative Procedure Act for its approval of a colchicine product manufactured by Jordanian company Hikma (LSE: HIK) and USA-based West-Ward Pharmaceuticals. The APA allows parties to challenge improper actions by government agencies, in this case the FDA.
A hearing will take place on November 19, with a ruling expected shortly after.
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