Teva, Glenmark To Pay $255M, Divest Cholesterol Drug To Settle DOJ Price Fixing Charges

Generic drugmakers Teva and Glenmark recently became the sixth and seventh drugmakers to resolve criminal charges as a result of the DOJ’s yearslong investigation into generic drug price fixing. The settlement agreement requires both companies to pay hefty fines as well as divest their drug lines for pravastatin, a widely used statin that lowers cholesterol.

The post Teva, Glenmark To Pay $255M, Divest Cholesterol Drug To Settle DOJ Price Fixing Charges appeared first on Above the Law.



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