SACRAMENTO, Calif., Aug. 3 -- The California Attorney General issued the following press release:
Settlement will result in total payments of approximately $469 million to state enforcers by Sandoz
OAKLAND - California Attorney General Rob Bonta today joined a coalition of 43 states and territories in announcing a $400 million settlement in principle with Sandoz Inc. to resolve allegations that the generic drug manufacturer engaged in widespread, long-running conspiracies to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade with regard to numerous generic prescription drugs. If approved, Sandoz Inc. will pay a total of approximately $469 million to settle the claims brought by state enforcers,...