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BRIEF-Mayne Pharma says multiple US states commenced legal proceedings against Mayne
December 16, 2016 / 12:41 AM / 10 months ago

BRIEF-Mayne Pharma says multiple US states commenced legal proceedings against Mayne

Dec 16 (Reuters) - Mayne Pharma Group Ltd -

* Multiple US states commenced legal proceedings in United States District Court Of Connecticut against number of US generic companies including Mayne

* Board continues to believe investigations and legal proceedings will not have a material impact on its future earnings

* US states allege co engaged in conduct in doxycycline hyclate delayed-release market with heritage pharmaceuticals that was anti- competitive

* No assurance can be given as to timing or outcome of investigation or legal proceedings Source text for Eikon: Further company coverage:

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