January 19, 2017 4:52 PM ET

Pharmaceuticals

Company Overview of Aurobindo Pharma USA Inc.

Company Overview

Aurobindo Pharma USA Inc. manufactures generic pharmaceutical drugs. The company was incorporated in 2004 and is based in Dayton, New Jersey. Aurobindo Pharma USA Inc. operates as a subsidiary of Aurobindo Pharma Limited.

6, Wheeling Road

Dayton, NJ 08810

United States

Founded in 2004

Phone:

609-716-1190

Fax:

609-716-8209

Key Executives for Aurobindo Pharma USA Inc.

Executive Chairman
Age: 58
Compensation as of Fiscal Year 2016.

Aurobindo Pharma USA Inc. Key Developments

Mylan, Teva, Heritage, Aurobindo, Citron Pharma and Mayne Pharma Get Sued by 20 US States Alleging Conspiracy to Inflate Prices, Reduce Competition

Mylan N.V and Teva Pharmaceuticals Industries have been sued along with four of their peers by 20 state attorneys general, alleging they entered into illegal conspiracies in order to restrain trade, inflate and manipulate prices and reduce competition in the United States. The charges relate to doxycycline hyclate delayed release, an antibiotic, and glyburide, an oral diabetes medication. The suit, which is led by Connecticut Attorney General George Jepsen was filed under seal in the U.S. District Court for the District of Connecticut. Portions of the complaint are redacted in order to avoid compromising the ongoing investigations. The other companies targeted in the suit are Heritage Pharmaceuticals, Aurobindo Pharma USA, Citron Pharma and Mayne Pharma. It announced the investigation was initiated in July 2014 and is still ongoing as to a number of additional generic drugs. The investigation uncovered evidence of "a well-coordinated and long-running conspiracy to fix prices and allocate markets for doxycycline hyclate delayed release and glyburide". Connecticut is leading the multistate group of plaintiff states, which includes Delaware, Florida, Hawaii, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nevada, New York, North Dakota, Ohio, Pennsylvania, Virginia and Washington.

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Date
Target
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