Generic Drug Price-Fixing Settlement: See If You Are Eligible? Read This
Did you receive the Generic Drug Price-Fixing Settlement? It’s not a scam.
Companies that make generic drugs, Apotex Corp., Heritage Pharmaceuticals Ltd., and Breckenridge Pharmaceuticals Inc. have agreed to pay a total of $45 million in settlements.
Who Is Eligible For The Generic Drug Price-Fixing Settlement
Three companies in the generic drug game are paying out a $45 million. Apotex Corp. is paying over roughly $30 million, Heritage Pharmaceuticals Ltd. is in for $10 million, and Breckenridge Pharmaceuticals Inc. is settling with $5 million to put these claims to rest.
The companies making generic drugs agreed to pay $45 million to settle accusations that they collaborated to unfairly set prices for different medications. This decision came from a legal process in a Pennsylvania federal court.
How Much Is The Settlement
Three companies that make generic drugs are paying out a total of $45 million to settle claims. Each company has agreed to pay its share: Apotex Corp. is putting down about $30 million. Heritage Pharmaceuticals Ltd. is paying $10 million, and Breckenridge Pharmaceuticals Inc. is handing over $5 million.
How To File A Claim
There is no claim form available right now.
Under these settlement deals, Apotex might have to hand over anything between $26.4 million and $37 million. Heritage is looking at potentially paying up to $12.5 million. Meanwhile, Breckenridge could end up parting with anything from $4.3 million to $6.1 million.
Conclusion
In re: Generic Pharmaceuticals Pricing Antitrust Litigation, Case No. 2:16-md-02724 is not a scam. Just like Truepill Data Breach Class Action Lawsuit, Heritage Pharmaceuticals Ltd. is paying $10 million, and Breckenridge Pharmaceuticals Inc. is handing over $5 million.
