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Par Pharmaceutical Companies, Inc.

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Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme
Chestnut Ridge Generic Drug Company Accused In Price-Fixing Scheme A generic drug company based in Chestnut Ridge and a drug sales and marketing executive from Bardonia are among those charged 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 names 20 companies and 16 individuals accused of participating in the scheme. Par Pharmaceutical Companies, Inc., of Chestnut Ridge, and Ara Aprahamian, of Bardonia, the vice president of sales and marketing at Taro Pharmaceuticals U.S.A, Inc., in Hawthorn…

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by Jerry DeMarco