AG Fitch Announces a Settlement on Inflated Drug Prices
Published Date: Jul 15, 2026
- Categories
- Lead States
- Action Type Settlement
AG Fitch joined a coalition of 48 states and territories announcing a $29.6 million settlement with Glenmark to resolve allegations that the generic drug manufacturer engaged in a widespread, long-running conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade with regard to numerous generic prescription drugs. Mississippi will receive $236,595.47.
"Generic drugs are supposed to be a more affordable alternative, and they are often a life line for Americans who rely on them. We are holding the companies that kept prices artificially high accountable for taking advantage of families, and I encourage any Mississippian who thinks they may be eligible to register today." -AG Fitch