Generic-drug industry is riddled with price-fixing schemes, investigators say

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Generic-drug industry is riddled with price-fixing schemes, investigators say
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What started as an antitrust lawsuit brought by states over just two drugs in 2016 is said to have exploded into an investigation of alleged price-fixing involving at least 16 companies and 300 drugs.

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latimes /  🏆 11. in CH
 

ellewoodsgolfs This doesn’t surprise me. I pay $1400 for a 90-day supply of my generic colitis drug. The consumers have been feeling this for quite some time.

Probably a legally mandated formula how much drug companies can raise price above net cost is needed.

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