Neopharm Ltd. v. Wyeth-Ayerst International LLC
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
SIDNEY H. STEIN, United States District Judge
This declaratory judgment action arises out of a longstanding business relationship that, once healthy, now lies infirm. Neop-harm Ltd. — and its wholly owned subsidiary Promedico Ltd. — is an Israeli pharmaceutical distributor that contracted to distribute medical products that defendant Wyeth-Ayerst International LLC manufactured. Neopharm had served as Wyeth’s distributor in Israel for nearly 70 years, but in 2014, over Neopharm’s objection, Wyeth unilaterally terminated their Distribution Agreement (“Distribution Agreement” or…
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