US State of Georgia Reaches $3.3 Million Settlement with Teva in Price Fixing Lawsuit

Teva Pharmaceuticals has settled yet another lawsuit with the government of a US State, this time with Georgia. The company reached a settlement worth $3.3 million with the state, the third and most expensive settlement of its kind. The lawsuits faced by the company surrounded claims of price fixing

According to Kevin Dunleavy, “In a 524-page multi-district lawsuit, the plaintiffs alleged that deals were made at industry dinners, cocktail parties and outings, with Teva playing a leading role. At the time, a Teva spokesperson said the company would defend itself and that it “has not engaged in any conduct that would lead to civil or criminal liability.””

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(Source: Fierce Pharma, September 30^th, 2022)