Glenmark Shells Out A Further $25m To Resolve Civil Price-Fixing Charges

Firm Had Previously Agreed $30m Payout To Settle Criminal Charges Over Pravastatin Last Year

Glenmark Pharmaceuticals has agreed a $25m payout in the US to resolve its alleged liability under the False Claims Act linked to historical price-fixing allegations.

Glenmark logo on website under magnifying glass
Glenmark has agreed to pay $25m to resolve civil claims • Source: Shutterstock

Glenmark Pharmaceuticals has agreed to pay out a further $25m in the US, “to resolve its alleged liability under the False Claims Act for conspiring to fix the price of a generic drug,” the US Department of Justice has announced.

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