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Encyclopedia > Mylan

Mylan or Mylan Labs is the second largest generic drug maker in the United States. It is headquarted in suburban Pittsburgh. A generic drug (pl. ... City nickname: The Steel City Location in the state of Pennsylvania Founded 1758 Mayor Tom Murphy (Dem) Area  - Total  - Water 151. ...

In 2000, the company agreed to pay $147 million to settle accusations by the F.T.C. that they had raised the price of generic lorazepam by 2600 percent and generic clorazepate by 3200 percent in 1998 after having obtained exclusive licensing agreements for certain ingredients. Mylan did not admit to any wrongdoing. This article is about the year 2000. ... FTC headquarters, Washington, D.C. The Federal Trade Commission (FTC) is an Independent Agency of the United States Government, established in 1914. ... Structural formula of lorazepam Lorazepam is a drug mainly used to treat some forms of anxiety disorders and insomnia, as well as certain seizures. ...


  • "Generic-Drug Maker Agrees to Settlement In Price-Fixing Case", The New York Times, July 13, 2000



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