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LAWSUITS NEWS & LEGAL INFORMATION

Goldshield Group, Goldshield Pharmaceuticals Ltd., and Forley Generics Limited

This is a settlement for the Antitrust lawsuit.

London, UK: (Jun-25-07) The Department of Health filed an antitrust lawsuit against Goldshield Group, Goldshield Pharmaceuticals Ltd., and Forley Generics Limited, alleging that the pharmaceutical company indulged in anticompetitive cartel conduct in connection with the supply of generic drugs to the National Health Services (NHS). In a settlement reached, Goldshield Group, Goldshield Pharmaceuticals Ltd., and Forley Generics Limited agreed to enter into an agreement wherein they would pay the sum of �4 million to the NHS and provide cooperation in connection with the continuing civil claims regarding the alleged price fixing arrangements. The settlement agreement would ensure a strong working relationship of both parties in the future. [MEDIA NEWSWIRE: GENERIC DRUG ANTITRUST]


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Published on Jun-26-07


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