"STATEWIDE - ATTORNEY GENERAL Letitia James said in a press statement on Feb. 2 that Bausch Health and Lannett Company will pay a combined $17.85 million to resolve claims they joined a years-long conspiracy to inflate prices and curb competition for generic drugs. The multistate settlements - backed by a bipartisan coalition of 48 attorneys general - cover purchases made from May 2009 through December 2019, the release said."
"Lannett will pay $13.77 million and Bausch will pay $4.08 million, with funds slated for impacted consumers across participating states. The Office of the Attorney General said the alleged scheme covered drugs in multiple forms - tablets, capsules, creams and ointments - including antibiotics, antidepressants, contraceptives and non-steroidal anti-inflammatory drugs used to treat infections, diabetes, cancer, epilepsy, multiple sclerosis, HIV and ADHD."
Bausch Health and Lannett will pay a combined $17.85 million to resolve claims of a years-long conspiracy to inflate prices and curb competition for generic drugs. The multistate settlements, backed by 48 attorneys general, cover purchases from May 2009 through December 2019. Lannett will pay $13.77 million and Bausch will pay $4.08 million, with funds for impacted consumers across participating states. The alleged scheme covered drugs in multiple forms and across therapeutic areas including antibiotics, antidepressants, contraceptives and non-steroidal anti-inflammatory drugs used to treat many serious conditions. Consumers can register to claim compensation via phone, email, or the settlement website.
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