Heritage agrees to pay $7.1m to resolve civil allegations and a $225,000 criminal penalty. DOJ defers prosecution of one felony charge.
Heritage Pharmaceuticals Inc. is paying a relatively small sum to be free of the US Department of Justice's industry wide probe of generic price fixing. It remains to be seen if other generic manufacturers will enter similar settlements and how great their liability might be.
Heritage agreed to pay $7.1m to resolve allegations under the False Claims Act that it engaged in a price-fixing conspiracy....
European health systems already pay far too much for new medicines and payers will not accept higher prices to compensate for lower US prices, according to Anja Schiel, from NOMA, the Norwegian health technology assessment body.
In a somewhat surprising move, President Trump’s Federal Trade Commission is continuing a crusade to delist improper listings from the FDA’s Orange Book. Law firm Polsinelli’s chair Chad Landmon discussed the impact of the move on the generic drug industry.
Cell and gene therapy developers may not have to contend with HHS Secretary Robert F. Kennedy Jr.’s animosity like the traditional pharma industry, but his disinterest in distinguishing between the good and bad actors in the space could backfire.
