FFF Enterprises, Inc. v. RISING PHARMA HOLDINGS, INC.

CourtDistrict Court, D. New Jersey
DecidedDecember 4, 2024
Docket3:23-cv-20837
StatusUnknown

This text of FFF Enterprises, Inc. v. RISING PHARMA HOLDINGS, INC. (FFF Enterprises, Inc. v. RISING PHARMA HOLDINGS, INC.) is published on Counsel Stack Legal Research, covering District Court, D. New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
FFF Enterprises, Inc. v. RISING PHARMA HOLDINGS, INC., (D.N.J. 2024).

Opinion

NOT FOR PUBLICATION

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY

FFF ENTERPRISES, INC., Plaintift Civil Action No. 23-20837 (RK) (ITQ) Vv. □ RISING PHARMA HOLDINGS, INC., OPINION Defendant.

KIRSCH, District Judge THIS MATTER comes before the Court upon Defendant Rising Pharma Holdings, Inc.’s (“Defendant”) Motion for Judgment on the Pleadings, (ECF No. 31, 31-1 (“Open. Br.’”)), and Plaintiff FFF Enterprises, Inc.’s (‘Plaintiff’) Cross-Motion for Leave to File a Second Amended Complaint, (ECF No. 33). Plaintiff filed a brief in opposition to Defendant’s Motion, (ECF No. 33-1 (“Oppo. Br.”)), and Defendant replied, (ECF No. 36 (“Reply Br.”)). The Court has considered the parties’ submissions and resolves the matter without oral argument pursuant to Federal Rule of Civil Procedure 78 and Local Civil Rule 78.1. For the reasons set forth below, Defendant’s Motion for Judgment on the Pleadings is GRANTED in part and DENIED in part, and Plaintiff's Cross-Motion for Leave to File a Second Amended Complaint is GRANTED in part and DENIED in part. BACKGROUND The Court recites the factual background of this case as alleged in Plaintiff's Proposed Second Amended Complaint and its attachments. ! (See generally ECF No. 33-2 (“PSAC”)).

' The Court cites to the Proposed Second Amended Complaint rather than the First Amended Complaint because the Court will “base its analysis on the facts as alleged in Plaintiff’s [Proposed Second Amended

A. COMPOUND CHLOROQUINE AND THE COVID-19 PANDEMIC Plaintiff is a drug supplier to more than 200,000 customers that include “pharmacies, hospitals and government sponsored healthcare providers and agencies.” (PSAC {ff 9, 11.) Plaintiff's sales of drug products to its customers total nearly three billion dollars annually. Ud. J 8.) In March 2020, the onset of the COVID-19 pandemic generated intense interest in medical therapies that could treat COVID-19. (id. § 19.) One pharmaceutical compound, compound chloroquine, gained early attention as a potential treatment option. (/d. JJ 21-22.) At the time, however, very few drug manufacturers manufactured compound chloroquine. (/d. { 25.) Defendant was licensed to manufacture two drugs with chloroquine in their formulas: hydroxychloroquine and chloroquine phosphate.’ (/d. 22, 26.) Plaintiff sought to supply hydroxychloroquine and chloroquine phosphate to meet growing customer demands.’ Consequently, given that Defendant was licensed to manufacture the drug products Plaintiff sought to supply to its own customers, Plaintiff and Defendant discussed entering into an agreement whereby Plaintiff would purchase hydroxychloroquine and chloroquine phosphate from Defendant to resell to its own “healthcare providing customers.’* (/d. | 33.)

Complaint] in order to simultaneously determine whether Defendant is entitled to judgment on the pleadings and whether Plaintiffs proposed amendments would be futile.” Cherry Hill Partners at Vill. Place, L.L.C. vy. Wachovia Bank, Nat. Ass’n, No. 10-4770, 2011 WL 2610171, at *1 n.1 (D.N.J. June 30, 2011). * Defendant is a Delaware-incorporated drug manufacturer with a principal place of business in New Jersey. (PSAC 2.) 3 Plaintiff is a California-incorporated drug supplier with a principal place of business in California. (PSAC ql.) The Court notes that while Plaintiff is referred to in the Proposed Second Amended Complaint as a “distributor of human blood products, vaccines and critical-care biopharmaceutical products,” (PSAC J 8 (emphasis added)), it appears that Plaintiff did more than simply distribute products on behalf of a manufacturer to the manufacturer’s customers. Rather, Plaintiff appears to be in the business of reselling manufacturers’ drug products to Plaintiff's own direct customers. (See PSAC Jf 17, 88.) Indeed, Plaintiff and Defendant’s agreement at issue in the instant matter contemplated that Plaintiff would “exercise commercially reasonable efforts to maintain sufficient inventory on-hand and on-order to meet the needs of {Plaintiff]’s customers ...” (PSAC at Ex. B to Ex. 1 (emphasis added).)

B. SPECIALTY DISTRIBUTION SERVICES AGREEMENT Plaintiff and Defendant subsequently entered into a Specialty Distribution Services Agreement dated March 23, 2020 (the “Agreement”). (id. 9 34; see PSAC at Ex. 1 to Ex. A (“SDSA”).) Pursuant to the Agreement, Defendant authorized Plaintiff to purchase and then distribute various dosages and treatment packets of hydroxychloroquine and chloroquine phosphate (together, the “the Product” or “Products”). (Id. § 35.) The Agreement provided that Defendant would sell Plaintiff Products, and Plaintiff would gain title of the Products upon delivery. (SDSA § 4.9.) It appears the Agreement then permitted Plaintiff to resell Products to Plaintiffs own customers, though the Agreement also contemplated Plaintiff distributing Products to Defendant’s own customers as well. (See PSAC {ff 17, 88; SDSA § 4.5.) The Agreement’s provisions most relevant to the instant matter are discussed below in greater detail. i, = §4.1 and § 4.7 (Price) Section 4.1 of the Agreement specified that the price of the Products sold by Defendant to Plaintiff was “|Defendant’s] established wholesale price for distribution in effect at the time of [Defendant’s] acceptance of [Plaintiff's] order.” (/d. J 39 (citing SDSA § 4.1).) While it appears Plaintiff had discretion to set the pricing of Products it resold to its own direct customers, pricing was “not within the discretion of [Plaintiff]” where Plaintiff supplied Products to Defendant’ s— rather than Plaintiff’'s—customers. (SDSA § 4.5) Under § 4.7 of the Agreement, if Defendant ever decreased its wholesale price of the Products, Defendant was required to provide Plaintiff with ‘‘a check equal to the difference between the price paid for the Product by [Plaintiff] and the lower price multiplied by the number of units of the Product which [Plaintiff] ha[d] in inventory and in transit to [Plaintiff].” Ud. | 45 (citing SDSA § 4.7).)

ti. § 4.12 (Returns) After purchasing Products, Plaintiff was required to warehouse them pursuant to U.S. Food and Drug Administration (“FDA”) regulations until such Products were purchased by Plaintiff’s customers. (/d. 51.) In the event Plaintiff was unable to sell the Products, § 4.12 of the Agreement provided that Plaintiff could return the Products and receive a refund or credit for “Product which becomes outdated provided the return of such outdated Product is made within six (6) months following the expiration of the Product.” Ud. Jf 52-53 (citing SDSA § 4.12); see also id. □ 54 (citing SDSA § 4.12 (noting the refund or credit would be for “the original purchase price” of the Product)).) i. § 10.1 and § 10.2 (Defendant’s Representations and Warranties) Defendant warrantied pursuant to § 10.1 of the Agreement that it would not “manufacture[], repackage[], s[ell] or ship[] [Products] in violation of any applicable federal, state or local law, rule, regulation or ordinance in any material respect.” Ud. J 49 (citing SDSA § 10.1).) Further, under § 10.2 of the Agreement, Defendant warrantied it would “comply with all applicable federal, state or local laws governing the manufacture, purchase, handling, sale, distribution, and price reporting of Products purchased under [the] Agreement.” (/d. J 50 (citing SDSA § 10.2).) iv. § 11.1 Undemnification) Under § 11.1 of the Agreement, Defendant agreed to “indemnify, defend and hold [Plaintiff] and its officers, directors and employees, harmless from and against any and all claims, liabilities and causes of action directly arising from or in any way connected with the Products as aresult of [Defendant’s] breach of any representation or warranty contained in [the] Agreement or [Defendant’s] negligence or willful misconduct,” (id.

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FFF Enterprises, Inc. v. RISING PHARMA HOLDINGS, INC., Counsel Stack Legal Research, https://law.counselstack.com/opinion/fff-enterprises-inc-v-rising-pharma-holdings-inc-njd-2024.