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    Department Of Health, Goldshield Settlement, UK

The Department of Health and Goldshield Group Plc, Goldshield Pharmaceuticals Ltd and Forley Generics Limited ("Goldshield") are pleased to jointly announce settlement of the claims brought against Goldshield for alleged anti-competitive cartel conduct in connection with the supply to the NHS of generic drugs.

Under the terms of the settlement Goldshield have agreed, on a full and final basis and without admission of liability, to pay the NHS the sum of £4 million and to provide co-operation in connection with the continuing civil claims regarding the alleged price fixing arrangements. Both Goldshield and the Department of Health look forward to a strong working relationship in the future.

Department of Health, UK

Publication Date: 2007-06-26 03:00

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