Maryland joins 45 states in settling generic drug price-fixing claims with 3 manufacturers

BALTIMORE, Md. — Maryland Attorney General Anthony G. Brown has joined a coalition of 45 states and territories seeking court approval for multistate settlements with three generic drug manufacturers over allegations of price-fixing and market manipulation.

Under the terms of the agreements (PDF), Mayne Pharma will pay $650,000 and Ascend Laboratories will pay $400,000. Citron Pharma, which has ceased business operations, agreed to non-monetary terms. All three companies agreed to internal compliance reforms to ensure compliance with federal and state antitrust laws…

Story continues

TRENDING NOW

LATEST LOCAL NEWS