New York Attorney General Letitia James today joined a bipartisan coalition of 48 other attorneys general in securing more than $29 million from Glenmark Pharmaceuticals (Glenmark) for their role in a long running, coordinated scheme with other pharmaceutical companies to artificially inflate generic drug prices and reduce competition. Attorney General James is encouraging all New Yorkers who may have faced higher prices to register on the settlement website, check their eligibility, and submit a claim to seek compensation when the claims process begins.

“Affordable generic drugs are a lifeline for New Yorkers with heart conditions, diabetes, and a range of other chronic illnesses. Glenmark and other companies worked behind the scenes to boost their profits by illegally coordinating to raise drug prices, and now we are getting justice for the consumers who were harmed. I urge any New Yorker who may have been cheated by this scheme to find out if they are eligible for restitution and claim the money they are owed.” – AG James