Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

The Feds just started charging drug company executives for price fixing

Lydia RamseyDec 14, 2016, 22:44 IST

Flickr/Kiran Foster

The Department of Justice has accused two drug industry executives of fixing prices of generic drugs.

Bloomberg is reporting that the former president and former CEO of Heritage Pharmaceuticals were both charged Monday.

In November, Bloomberg reported that Federal prosecutors may start bringing down charges regarding price fixing as part of a larger investigation into generic drugmakers. EpiPen-maker Mylan and Teva Pharmaceuticals are among the other companies under investigation.

This story is developing.

NOW WATCH: Here's how the White House master bedroom has changed from president to president

Please enable Javascript to watch this video