Taro Pharmaceuticals U.S.A. will pay a $205.7 million criminal penalty to resolve charges for conspiring to fix prices, allocate customers, and rig bids for generic drugs, the Department of Justice announced Thursday.
According to the DOJ’s charges, filed in the U.S. District Court for the Eastern District of Pennsylvania, Taro U.S.A. admitted to participating in two criminal antitrust conspiracies between March 2013 and until at least December 2015, each with a competing generic drug maker (Sandoz) and several executives, including former Taro U.S.A. Vice President of Sales and Marketing Ara Aprahamian.
