Feds search drug maker's offices
The federal government has executed search warrants at the corporate offices of a drug maker in the region.
Dublin-based Perrigo, which operates its North American base in Allegan, said yesterday the search warrants were executed as part of an ongoing investigation by the U.S. Department of Justice Antitrust Division related to drug pricing in the pharmaceutical industry.
“As has been previously disclosed by a number of companies, the Antitrust Division has been looking at industry-wide pricing practices,” the company said.
Perrigo said it is taking the investigation seriously and cooperating with the appropriate authorities.
Perrigo makes branded and store-brand over-the-counter drugs, generic prescription drugs and store-brand infant formula.
The DOJ Antitrust Division began its investigation more than two years ago into the possibility of collusion between generic drug makers related to drug pricing.