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Sandoz Pays Another $275m Over Price-Fixing

 
• By Dave Wallace

Sandoz announced a $275m settlement to resolve class action antitrust litigation over price-fixing allegations and disclosed that the company made a further provision of $265m linked to the case.

Sandoz agreed to pay $275m in a class action settlement. (Shutterstock)
Key Takeaways
  • Sandoz agreed to pay another $275m to settle litigation alleging price-fixing in the US.
  • The settlement is the latest of several pay-outs by the company related to price-fixing claims.
  • The agreement includes no admission of wrongdoing by Sandoz.

Sandoz has agreed to pay another $275m to settle litigation related to historical price-fixing allegations in the US with end payer plaintiffs in a class-action...

The $275m total was expected to be paid by the end of 2024. However, another $265m provision has been taken “to cover potential additional settlement costs with regard to the...

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