Brown Announces $29.6 Million Settlement With Glenmark Over Price Inflation
By Hanna Seariac · July 29, 2026 · 1 min read
Official sourceThis story comes from an official government or institutional source.
Photo via Hanna Seariac
Attorney General Brown joined a coalition of 48 states and territories to announce a $29.6 million settlement with Glenmark. The settlement resolves allegations that the company participated in a conspiracy to inflate prices and restrain trade for generic prescription drugs.
Key takeaways
Attorney General Brown announced a $29.6 million settlement with Glenmark.
The settlement involves a coalition of 48 states and territories.
Glenmark faced allegations of conspiring to inflate prices for generic drugs.
The settlement addresses claims of unreasonable restraint of trade.
Attorney General Brown announced a $29.6 million settlement with Glenmark to resolve allegations of a widespread conspiracy. The settlement aims to address claims that the company conspired with other generic drug manufacturers to inflate prices and unreasonably restrain trade regarding various generic prescription drugs.
The settlement was reached in conjunction with a coalition consisting of 48 states and territories. The allegations against Glenmark involve a long-running conspiracy intended to inflate prices and limit competition for numerous generic prescription drugs.
