Glenmark Pharmaceuticals' USA arm reaches $37.75 million settlement in US antitrust lawsuit

Glenmark USA is named in multiple class actions and direct-action suits, brought by direct purchasers, end-payers, indirect purchasers, and private plaintiffs. The cases allege both drug-specific conspiracies and a broader conspiracy involving multiple generic drug manufacturers. Shares of Glenmark Pharmaceuticals Ltd ended at ₹2,020.30, down by ₹31.15, or 1.52%, on the BSE.

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