August 21, 2023
Posted August 21, 2023
To resolve criminal charges of colluding to fix prices, mainly on a cholesterol medicine called pravastatin, Teva Pharmaceuticals USA, Inc. has agreed to pay a $225 million criminal penalty and donate $50 million in drugs to humanitarian organizations, while Glenmark Pharmaceuticals Inc., USA has agreed to pay $30 million criminal penalty. The drugs that Teva has been ordered to donate, clotrimazole and tobramycin, were also part of the price fixing scheme. DOJ
Tagged in: Healthcare Fraud, Pharma Fraud, Price Fixing,