Listen To 9th Circuit Oral Argument Here

Our Comment:

The 9th Circuit posts its oral argument online.  Here is the link to the argument in the pharma cases.

http://www.ca9.uscourts.gov/media/view_subpage.php?pk_id=0000002814

We think it went very well.  It is unlikely the court will affirm on the sales exemption, however, they could affirm under the administrative exemption, they could reverse the decisions of lower court, or what seems like the most likely outcome, they could certify questions to the California Supreme Court to make the ultimate determination.

It could take several months before we have an answer.

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