Tag Archives: inks

DOJ inks price fixing settlement with small generics player. Will others follow?

Top generics players have faced years of price-fixing heat, and now federal prosecutors have inked another settlement with a small company. The upshot? Prosecutors have another firm cooperating in their ongoing criminal investigation. Under a deferred prosecution agreement, Rising Pharmaceuticals admitted to price fixing and working with a competitor to rig the market on a hypertension… Read More »

Purdue inks multibillion-dollar opioid deal with thousands of local governments, 23 states: reports

Purdue Pharma has entered the first major opioid settlement. The company, whose OxyContin played a role in the opioid epidemic, plans to file for bankruptcy imminently and restructure under an agreement with 23 states and nearly 2,300 cities, counties and tribes, according to the New York Times.   Under the deal, Purdue’s founding family—the Sacklers—will pay plaintiffs $ 3… Read More »