Which, subject to court approval, will settle class action litigation on behalf of health insurers and other third party payers concerning prices paid in 1998 and 1999 for the generic versions of the prescription drugs lorazepam, and clorazepate. The Complaint alleges that defendants' actions were designed to limit and/or exclude the competitive supply of raw materials to generic lorazepam competitors, thus, allowing Mylan to institute huge price increases for generic Lorazepam and Clorazepate to wholesale purchasers of generic drugs and ultimately, to Florida consumers. According to the FTC, attorneys general from 10 states-Connecticut, Florida, Illinois, Minnesota, New York, North Carolina, Ohio, Pennsylvania, West Virginia and Wisconsin-have filed companion complaints in federal district court on behalf of consumers and state agencies seeking unspecified damages from Mylan. The company said it had already generic lorazepam paid out $4. 1 billion in settlements with 80 percent Generic lorazepam of generic lorazepam the estimated 50,000 former fenphen users. Making economic hostages of Oklahoma patients will not be tolerated. The states and the FTC sued Pittsburgh-based Mylan, New Jersey- based Cambrex Corp. The States further allege a per se price fixing violation under the federal antitrust laws with respect to the pricing of raw material the Company used to generic lorazepam manufacture lorazepam (an allegation not made by the FTC).
They are represented by three law firms including Wolf Haldenstein Adler Freeman & Herz LLP, who have expertise in prosecuting class actions.

The attorney general's office is still investigating the exact number of affected Oklahoma consumers. And SST Corporation violated California Business & Professions generic lorazepam code ss. 16720, et seq. Our investigation discovered that Oklahomans have either paid inflated prices for these medications or gone generic lorazepam without, said Edmondson.

The states' complaint, originally filed in February 1999, alleged violations of federal and state antitrust laws that caused the prices of these drugs to skyrocket -- in some cases more than 2,000 percent.

We will fight every suit vigorously, Mylan's Puskar responded. Under the terms of the settlement, $28 million will be earmarked for reimbursement to state agencies damaged by the price increase, said Edmondson.
Plaintiffs seek to recover damages on behalf of all purchasers of Lorazepam and Clorazepate during the Class Period will conduct generic lorazepam before. We must do what we can to hold down the skyrocketing cost of pharmaceuticals, said Thomas R.

Clorazepate is used to treat anxiety and hypertension, and is used as an adjunct therapy for nicotine and opiate withdrawal. The states' complaint, originally filed in February 1999, alleged violations of federal and state antitrust laws that caused the prices of these drugs to skyrocket -- in some cases more than 2,000 percent. The company also has substantial specialty insurance (check this) products and services operations. PITTSBURGH - Mylan Laboratories has denied all charges in response to the suit filed against it by the Federal Trade Commission in U. In addition to these actions filed yesterday, the Company said it is aware of at least two lawsuits filed by private parties involving essentially the same conduct alleged in the complaints brought by the FTC and the ten states listed above.

If you wish to discuss this action or have any questions concerning your rights or interests, please contact one of the following individuals: Julian Kreeger Kenneth J. Headquartered in Milwaukee, United Wisconsin Services operates Wisconsin's largest health maintenance organization system, and it includes CompcareBlue, Unity Health Plans and Valley Health Plan otolaryngology paediatrics on to generic lorazepam. Vianale Maya Saxena Milberg Weiss Bershad Hynes & Lerach LLP Boca Raton, Florida 561-361-5000 or Paul Geller Shepard and Geller LLC Boca Raton, Florida 561-750-3000 142105 PITTSBURGH--(BUSINESS WIRE)--Dec.