News - Hypertension Week of August 17, 2003/ Vol. 2 No. 33

Purchasers of Cardizem CD or Generic Versions May Participate in Settlement

Purchasers of the blood pressure drug Cardizem CD® or its generic versions between January 1, 1998 and January 29, 2003 have until September 23 to participate in a proposed $21 million settlement of a nationwide antitrust lawsuit.

Michigan Attorney General Mike Cox, who led all 50 states, the District of Columbia and Puerto Rico in the lawsuit, said the drug makers violated antitrust laws.

"We alleged that the drug companies had overcharged consumers for Cardizem CD by keeping cheaper generic versions of the drug off the market and the companies have agreed to make things right through a multimillion dollar settlement," said Cox, who urged eligible buyers of the drugs to act promptly to file a claim.

Claim registrations and complete information can be obtained at http://www.cardizemsettlement.com or by calling 1-800-372-2406.

Other sources: Michigan Attorney General's Office