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Teva Pharm CFO says company did not conspire to fix prices

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Teva Pharmaceutical Industries' chief financial officer on Sunday reiterate...

FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference to discuss the company's 2019 outlooks in Tel Aviv, Israel, February 19, 2019. REUTERS/Amir Cohen/File Photo

Mike McClellan told a conference in Israel that the suit was an amended one and not new, while stressing it was civil and not criminal. The Israeli company’s U.S. unit and 19 other drug companies conspired to divide up the market for drugs to avoid competing and, in some cases, conspired to prevent prices from dropping or to raise them, according to the complaint filed on Friday in the U.S. District Court in Connecticut.

 

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I once called TEVA and told them if they see the CEO in the executive washroom to tell him I said he’s a PIG. I’m sure he wept.

Haha yea okay. These guys are pharma garbage and need to be reeled in.

This story should be trending on US media yet the opposite is true. Considering how fucked the healthcare system of the country, such stories should be all over the news.

😂. What else is he going to say?

But they put engine oil in pills.

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Teva, other drug companies accused in sweeping U.S. price-fixing scheme: lawsuitU.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceut... The creators if it is uncertain what to do is no tired instead tired instead of being strengthened by another world the word get it more than the sacred word Nem tėma Pleade name all of them This is big pharma flexing the power over elimination of low cost competition
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Teva, other drug companies accused in sweeping U.S. price-fixing scheme: lawsuitU.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceut... The creators if it is uncertain what to do is no tired instead tired instead of being strengthened by another world the word get it more than the sacred word Nem tėma Pleade name all of them This is big pharma flexing the power over elimination of low cost competition
Source: Reuters - 🏆 2. / 97 Read more »