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Rising Pharmaceuticals Admits Price Fixing

December 16, 2019

New Jersey-based generic drugmaker Rising Pharmaceuticals admitted to price fixing for the hypertension drug Benazepril HCTZ and agreed to pay more than $3 million under a deferred prosecution agreement with the Department of Justice.

The DOJ previously entered into a deferred prosecution agreement with Heritage Pharmaceuticals.

The department will hold off on prosecuting Rising for three years, or until the company’s ¬†bankruptcy proceedings are completed.

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