for nearly $50 million as part of ongoing lawsuits that allege some of the country’s largest generic prescription drug producers conspired to raise prices and reduce competition.
manufacturers such as Pfizer and Teva Pharmaceuticals Drugs impacted by the schemes include medication for diabetes, cancer, HIV, epilepsy, multiple sclerosis, ADHD and more, state officials said Thursday. As part of the settlement, Heritage and Apotex will agree to cooperate in the ongoing lawsuits and institute internal reforms to make sure there’s fair competition.
“This acknowledgment of responsibility by some defendants is a positive first step, but the other defendants must be held accountable for their blatant disregard for the law,” Weiser said in a statement.