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    Home»Markets»Stocks»Sandoz enters $265 million settlement agreement in U.S. price-fixing case By Reuters
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    Sandoz enters $265 million settlement agreement in U.S. price-fixing case By Reuters

    Press RoomBy Press RoomFebruary 29, 2024No Comments1 Min Read
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    Sandoz enters $265 million settlement agreement in U.S. price-fixing case
    © Reuters. Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30, 2018. REUTERS/Russell Boyce/Illustration

    (Reuters) – Swiss generic and biosimilar manufacturer Sandoz (SIX:) on Thursday said it had entered into a $265 million settlement agreement in a price-fixing case in the United States.

    The company said its U.S. subsidiaries had agreed to pay $265 million in a lawsuit with a class of direct drug purchasers, an agreement that does not contain any admission of wrongdoing by the Swiss company.

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