For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Antitrust & Trade Reg.

Nov. 1, 2024

Drug manufacturers agree to $49.1M settlement in price-fixing case

Both companies must implement internal reforms to ensure antitrust compliance under the settlement.

Heritage Pharmaceuticals and Apotex Corp. agreed to pay $49.1 million to resolve allegations of price manipulation in the generic drug market, according to a settlement announced Thursday by a coalition of 50 states and territories.

Heritage will pay $10 million in the agreement, while Apotex has provisionally agreed to $39.1 million, pending final approval from participating jurisdictions. Both companies must implement internal reforms to ensure antitrust compliance. All Stat...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Sign up for Daily Journal emails



By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.