Teva, drug makers in talks with U.S. to end generics probes

Bloomberg

26 November 2019 - Deferred prosecution agreements among resolutions discussed.

Teva Pharmaceutical Industries and other generic drugmakers have held talks with the U.S. Justice Department in the past six months about resolving a long-running criminal antitrust probe of alleged price-fixing by the companies, according to people familiar with the matter.

Among the possible outcomes that have been discussed are deferred prosecution agreements in which the companies would admit to certain allegations but would be shielded from indictment in exchange for cooperating with the investigation and paying fines.

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Michael Wonder

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Michael Wonder