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SettlementHigh RiskMultistate

Oregon AG Settles with Glenmark for $29.6 Million Over Generic Drug Price Fixing

Glenmark PharmaceuticalsJuly 15, 2026Oregon Attorney General

Penalty Amount

$29,600,000

Summary

Oregon Attorney General Dan Rayfield and a bipartisan coalition of states reached a $29.6 million settlement with Glenmark, a generic drug manufacturer accused of conspiring with other pharmaceutical companies to inflate prices and limit competition for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate litigations and implement internal reforms to ensure fair competition and antitrust compliance.

Remedy

Glenmark will pay $29.6 million, cooperate in ongoing multistate litigations against 33 corporate defendants and 25 individual executives, and implement internal reforms to ensure fair competition and compliance with antitrust laws.

Monetary PenaltyCompliance ProgramReporting Requirements

Contract Impact

In-house legal teams should review vendor agreements with pharmaceutical manufacturers and suppliers for any clauses related to pricing, market allocation, or information sharing that could raise antitrust concerns. Specifically, contracts should be examined for provisions that might facilitate collusion, such as agreements to share competitively sensitive pricing data, restrict output, or allocate markets. Additionally, any cooperation or settlement agreements with government entities should be reviewed to ensure compliance with ongoing litigation requirements and internal reform mandates.

Contract Search Terms

price fixingantitrust compliancegeneric drug pricingcollusionmarket allocationcompetition lawfair competitioninternal reformscooperation agreementmultistate litigation

Laws Cited

Antitrust laws

Violation Types

Entity Details

Entity

Glenmark Pharmaceuticals

Industry

Pharmaceutical

Multistate Coalition

Official Sources

Source Evidence

Entity Name
"Glenmark"
Fine Amount
"$29.6 million settlement"
Laws Cited
"antitrust laws"
Violation Types
"inflating prices and limiting competition"
Is Multistate
"bipartisan coalition of other states"

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Minnesota Attorney General Keith Ellison joined a 48-state coalition in a $29.6 million settlement with generic-drug manufacturer Glenmark to resolve allegations of a widespread conspiracy to artificially inflate and manipulate prices, reduce competition, and restrain trade for numerous generic prescription drugs. The settlement requires Glenmark to cooperate in ongoing multistate lawsuits and implement internal reforms to ensure compliance with antitrust laws.

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