Another drugmaker admits price fixing and told to pay $3 million

4 December 2019

Bankrupt generic drugmaker Rising Pharmaceuticals has made admissions over charges that it conspired to fix prices and allocate customers for an off-patent hypertension drug.

The New Jersey company was accused of participating in a criminal antitrust conspiracy with a competing manufacturer of generic drugs and its executives to fix prices and allocate customers for benazepril HCTZ, from around April 2014 to at least September 2015.

Separate civil action

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