J&J Units Pay 65 Million to Settle Tracleer Antitrust Case

J&J units will pay $65 million to settle claims they delayed generic versions of Tracleer. The deal compensates health plans for alleged overcharges since 2015.

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Two subsidiaries of Johnson & Johnson have reached a $65 million preliminary settlement to resolve a class-action antitrust lawsuit in the United States. The litigation, filed by health plans and other third-party payers, alleged that the pharmaceutical giant overcharged for the pulmonary hypertension medication Tracleer by delaying the entry of generic competitors.

A Johnson & Johnson banner hangs prominently at the New York Stock Exchange in New York City. REUTERS/Brendan McDermid
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