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34°
Thursday, dec 26
Tag:
Antitrust
Police & Fire
Mahwah Generic Drug Maker Among 20 Companies, 16 Individuals Accused In Price-Fixing Scheme
A Mahwah-based generic drug manufacturer was among 20 companies accused of participating in what authorities called “one of the most egregious and damaging price-fixing conspiracies in the history of the United States.” A complaint filed by the 44 states in U.S. District Court in Connecticut also accuses 16 individuals of participating in the scheme. More than half of the drug companies and five of the individual defendants – all of whom are drug company executives responsible for sales, marketing, pricing and operations -- are from New Jersey. They include Glenmark Pharmaceuticals I…