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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 the anti-kickback statute through arrangements on price, supply and allocation...

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