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Aug 3, 2026

Sandoz agrees to $450 million settlement with 43 US states over generic drug price-fixing allegations

Swiss generic drugmaker Sandoz has reached a settlement agreement to pay $450 million to 43 US states and territories to resolve antitrust litigation alleging anti-competitive conduct and price manipulation in the generic medicines market. The settlement includes no admission of wrongdoing and will not affect the company's financial guidance.

Aug 3, 2026·9 sources
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Top claims

  • ▪Sandoz Inc. will pay an additional $50 million to states that settled related generic drug claims earlier.
  • ▪The settlements do not affect Sandoz Inc.'s full-year 2026 financial guidance or its mid-term outlook.
  • ▪Sandoz Inc. entered into a separate $28.5 million settlement agreement with a putative class of indirect reseller plaintiffs, including retail pharmacies, clinics, and hospitals.

Topics

Antitrust & competition

Related entities

SwitzerlandUnited States

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