Mass. vitamin settlement
This article was originally published in The Tan Sheet
Executive Summary
Fairness hearing slated for Aug. 28 in Cambridge state court on $19.6 mil. class action settlement of consumers' vitamin price-fixing claims against seven ingredient suppliers. Under the agreement tentatively approved April 22, settling defendants BASF, Daiichi Pharmaceutical, Eisai, Aventis Animal Nutrition, Hoffman-La Roche, Roche Vitamins and Takeda Chemical Industries deny liability. Settlement proceeds would be allocated to charitable groups providing food and nutrition programs in the state. Massachusetts consumers' indirect claims were not part of multi-state settlement involving the same defendants in October 2000 (1"The Tan Sheet" Oct. 16, 2000, p. 5)...
You may also be interested in...
Vitamin Price-Fixing $335 Mil. Settlement Reached For Indirect Purchasers
Twenty-four states and U.S. jurisdictions will use $145.6 mil. in proceeds from vitamin price-fixing settlements to fund health, education and scientific programs such as prenatal care and nutrition research.
Investors Go Beserk For Viking, Putting It Top Of Q1 Winners
The top 10 biggest share price winners and losers in Q1 from Evaluate show the investor frenzy for obesity drugs continues, while companies with governance doubts see shareholders retreat.
EU Consults On What Constitutes Personal & Commercially Confidential Data In Marketing Applications
Based on their experience with dealing with requests for access to documents over the past 12 years, EU regulators have proposed updating their guideline that provides for a harmonized approach to protecting personal data and business secrets in marketing authorization applications.