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SettlementCritical RiskMultistate

Multistate Generic Drug Price-Fixing Settlements

Generic drug manufacturers, including Apotex, Heritage, Bausch, Lannett, and Glenmark Pharmaceuticals USA, Inc.September 22, 2026New York Attorney General

Penalty Amount

$96,000,000

Summary

New York Attorney General Letitia James and a bipartisan multistate coalition secured more than $96 million in settlements with generic drug manufacturers accused of conspiring to raise prices and limit competition. The settlement proceeds are being distributed to eligible consumers, and settling defendants agreed to cooperate in ongoing cases and make reforms to prevent future misconduct.

Remedy

The manufacturers agreed to settlements totaling more than $96 million, with funds available as compensation to eligible consumers. Settling defendants also agreed to cooperate in ongoing multistate cases and make reforms intended to prevent future misconduct and ensure fair competition and compliance with antitrust laws.

Monetary PenaltyConsumer RefundsCompliance Program

Contract Impact

This release concerns antitrust conduct rather than a privacy violation. In vendor, supplier, and distribution agreements, review competition-compliance representations, prohibitions on coordinating prices or bids, restrictions on exchanging competitively sensitive information, audit and cooperation rights, and termination rights for antitrust violations. Review customer and pricing agreements for provisions that could facilitate coordinated pricing or restrict independent competition, and ensure employee-facing policies and training address competitor interactions at industry events and through calls, email, and text messages.

Contract Search Terms

competitor communicationsprice-fixing prohibitionbid-rigging prohibitioncompetitively sensitive information exchangepricing and discount controlstrade association participationsupplier competition complianceantitrust compliance certification

Laws Cited

Antitrust laws

Violation Types

Entity Details

Entity

Generic drug manufacturers, including Apotex, Heritage, Bausch, Lannett, and Glenmark Pharmaceuticals USA, Inc.

Industry

Healthcare

Multistate Coalition

Official Sources

Source Evidence

Entity Name
"Attorney General James and the coalition have secured $96 million from Apotex and Heritage, Bausch and Lannett, and Glenmark Pharmaceuticals USA, Inc"
Fine Amount
"have secured $96 million"
Laws Cited
"compliance with antitrust laws."
Violation Types
"illegally colluded to raise prices"
Remedy Summary
"the defendants have agreed to cooperate in the ongoing multistate cases against the remaining corporate defendants and individual executives, as well as to make reforms to prevent future misconduct and ensure fair competition and compliance with antitrust laws."

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