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US charges generic drug firm Glenmark with conspiracy in price-fixing


Company says it strongly disagreed with the charge, has 'overwhelming evidence' to support its innocence.

Some major Western concerns about India's patent framework are the definitions of inventions and provisions for compulsory licensing

Glenmark Pharmaceuticals USA was charged on Tuesday with conspiring to fix prices for generic drugs, the U.S. Justice Department said in a statement.

Glenmark allegedly conspired with pharmaceutical maker Apotex Corp and other generic drug companies to increase the prices of cholesterol medication pravastatin and other generic drugs, the department said.

Glenmark said it strongly disagreed with the charge. “We will continue to vigorously defend ...


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