South Carolina Gets $118K from Glenmark Drug Settlement | Charleston News

Charleston News Today | 2 Min News | The Daily News Now! · Jul 16, 2026 · 1m

South Carolina is set to pocket over $118,000 from a $29 million settlement with drugmaker Glenmark, accused of conspiring to inflate generic drug prices and stifle competition. This latest deal adds to nearly $70 million already recovered from similar cases against Lannett, Apotex, and others, bringing the total to over $96 million for states. The first major trial, expected late 2026, will focus on 80 topical generic drugs, with evidence including millions of documents and communications revealing coordinated price manipulation. Several executives are cooperating with authorities, and if…