A group of major pharmaceutical companies want an appeals court to force Connecticut and other states to remain in a coordinated legal proceeding over generic drug pricing, arguing that allowing them to pursue their claims separately would upend years of legal work and cause delays.
Tag Archive for: price fixing
The commission fined companies for participating in a cartel aimed at fixing the minimum price of an ingredient to produce the abdominal antispasmodic drug Buscopan and its generic versions.
Teva Pharmaceuticals on Monday announced that it reached a deferred prosecution agreement with the U.S. Department of Justice over its drug price-fixing case involving generic drugs.
The company said in a regulatory filing that it expects to pay $141 million to settle the class action lawsuit accusing it of attributing price increases to nonexistent supply disruptions, rather than anticompetitive conduct by pharmaceutical companies.