1. Pink Sheet
  2. >>Biosimilars & Generics
  3. >>Generics

Generic Price Fixing Probe: First Charges Unsealed, More May Come Before Inauguration Day

 
• By Brenda Sandburg

Heritage Pharmaceuticals’ former CEO and former president charged by US DOJ with conspiracy to fix prices and allocate customers for doxycycline and glyburide; Heritage alleges they embezzled intellectual property.

United States Department of Justice headquarter building in Washington D.C.

The Department of Justice has filed the first charges in its two-year antitrust investigation of the generic drug industry, charging two former executives at Heritage Pharmaceuticals Inc. with conspiracy to fix prices and allocate customers for the antibiotic doxycycline and the diabetes drug glyburide.

The felony charges against former CEO Jeffrey Glazer and former president Jason Malek were unsealed Dec. 14 in the US District Court for the Eastern District of Pennsylvania. The charges...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Pink Sheet for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Generics

More from Biosimilars & Generics

Viatris Agrees To $335m Opioid Settlement Ending US State, Local Government Cases

 
• By Dean Rudge

Viatris joined Hikma and Amneal, in signing agreements for cash settlements that resolve allegations its practices fueled the US’ deadly opioid epidemic.

US FDA Shows Support For Generic Drug User Fee Goals Amid Cutbacks

 
• By Michael McCaughan

The FDA struck an upbeat tone during its annual Generic Drugs Forum despite an unprecedented period of cutbacks and disruptions and reiterated a desire to continue meeting user fee goals.

EU Biosimilar Filings, Opinions And Approvals

 
• By Neena Brizmohun

A list of EU biosimilar filings, CHMP opinions and EU marketing authorizations, including details of the biosimilar company, the brand name/INN, indication(s), the reference product/company, and the date and type of event.