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Glenmark to pay $30 million in an antitrust settlement in US over cholesterol drug pricing

The company in an exchange notification said that it has entered into a three-year deferred prosecution agreement, and if the company adheres to the terms of the agreement, including the payment of $30 million, payable in six installments, the DOJ will dismiss the pending superseding indictment.
Glenmark Pharma Sanjeev Krishan Teva Pharmaceutical Industries Us Department Of Justice Glenmark Pharmaceuticals Antitrust Division

Teva Pharmaceuticals To Pay $225 Million Fine in US Criminal Settlement

The US Justice Department announced deferred prosecution agreements resolving criminal antitrust charges against Teva Pharmaceuticals USA, Inc. (a subsidiary of Israel’s Teva) and Glenmark Pharmaceuticals Inc. As part of those agreements, both companies will divest a key business line involved in the misconduct, a generic cholesterol drug, pravastatin, and as an additional remedial measure, Teva […]
United States Jonathan Kanter Schultz Facebook Teva Pharmaceuticals United States Inc Teva Pharmaceuticals Justice Department Antitrust Division

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