Glenmark Pharmaceuticals

Glenmark Pharmaceuticals Inc. USA, a generic pharmaceutical manufacturer in Mahwah, New Jersey, agreed to pay $25 million for allegedly conspiring to fix the price of a generic drug. The U.S. government alleged under the False Claims Act that Glenmark gave and received payments between 2013 and...

The Department of Justice on Tuesday indicted Teva Pharmaceutical Industries Ltd’s (NYSE: TEVA) United States unit for conspiring to fix prices, rig bids, and colluding with other companies to allocate customers for generic drugs. What Happened: The indictment filed in the...

Over the past 10 weeks alone, $18 billion fled from Asian EMEs according to Morgan Stanley. This drastic outflow of funds was oddly reminiscent of the Asian financial crisis of 1997. The MSCI emerging-markets index hit its lowest close in a year at 883.34 on June 24. This was its widest...