Teva Pharmaceutical says it will defend claims it was involved in price-fixing in the US

Teva Pharmaceutical’s chief financial officer has reiterated the company has done nothing wrong in the wake of a price-fixing lawsuit filed by 44 US states.

Teva Pharmaceutical says it will defend claims it was involved in price-fixing in the US

Teva Pharmaceutical’s chief financial officer has reiterated the company has done nothing wrong in the wake of a price-fixing lawsuit filed by 44 US states. Mike McClellan told a conference in Israel yesterday that the suit was an amended one and not new, while stressing it was civil and not criminal.

Teva is the world’s largest generic drugmaker and employs 800 people across Ireland. It has a huge manufacturing plant in Waterford where it has 500 people making respiratory drugs.

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