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Home » Rising Pharmaceuticals Admits Price Fixing
Rising Pharmaceuticals Admits Price Fixing
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New Jersey-based generic drugmaker Rising Pharmaceuticals admitted to price fixing for the hypertension drug Benazepril HCTZ and agreed to pay more than $3 million under a deferred prosecution agreement with the Department of Justice.
The DOJ previously entered into a deferred prosecution agreement with Heritage Pharmaceuticals.
The department will hold off on prosecuting Rising for three years, or until the company’s bankruptcy proceedings are completed.
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