Mylan, Other Drugmakers Must Pay $67M In Antitrust Suit
By Kelly Knaub (August 31, 2017, 4:56 PM EDT) -- The D.C. federal court has ordered generic-drug maker Mylan Pharmaceuticals and chemical companies Cambrex and Gyma Laboratories to pay a combined $67 million to Blue Cross Blue Shield of Massachusetts and three other insurers in a long-running suit accusing the three companies of violating state antitrust laws.
U.S. District Judge Thomas F. Hogan granted a bid by BCBS of Massachusetts, Blue Cross Blue Shield of Minnesota, Federated Insurance Co. and Health Care Service Corp. to adjust the previous $76 million judgment to roughly $67 million on Aug. 18, more than three years after granting their bid to dismiss certain plaintiffs from the...
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