Perrigo Company said that search warrants were executed at its corporate offices linked to an ongoing investigation by the US Department of Justice Antitrust Division.
The investigation is related to drug pricing in the pharmaceutical industry, it said in a statement late on Tuesday.
“As has been previously disclosed by a number of companies, the Antitrust Division has been looking at industry-wide pricing practices,” Perrigo said in a statement. “The company is taking this investigation seriously and is cooperating with the appropriate authorities.”
The development offers a window into the Justice Department’s ongoing investigation into alleged collusion among drug companies to set prices artificially high.
Full Content: USA Today
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