Bayer to pay $74 million for paying to delay generic Cipro
Bayer Corporation and Bayer AG have agreed to pay $74,000,000 in a class action suit alleging defendants violated antitrust and consumer protection laws paying to keep lower-cost generic versions of Cipro off the market. If you or your company purchased or paid for Cipro in California between January 8, 1997 and October 31, 2004 you may be included in the settlement. The settlement class includes both consumers and third-party payors. Consumers can get up to three times the amount they paid a pharmacy, doctor’s office, or hospital for some or all of a Cipro prescription in California between January 8, 1997 and October 31, 2004. Third-Party Payors can get up to three times the amount paid if they are insurers, union and employee welfare benefit plans, and other organizations that paid for some or all of a Cipro prescription obtained by one of their California members during the same period. More information about the settlement is available from the Court ordered website : ciprosettlement.com.