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

 
• By Dave Wallace

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

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

Glenmark Pharmaceuticals will pay another $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.

The case is linked to previous allegations that the firm between 2013 and 2015 “paid and received compensation prohibited by...

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