WASHINGTON - U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices - sometimes by more than 1,000 percent - and stifle competition for generic drugs, state prosecutors said on Saturday.
“Teva and its co-conspirators embarked on one of the most egregious and damaging price-fixing conspiracies in the history of the United States,” the lawsuit said. The lawsuit also names 15 individuals as defendants who it said carried out the schemes on a day-to-day basis. The lawsuit seeks damages, civil penalties and actions by the court to restore competition to the generic drug market.
20 drug companies orchestrated a price fixing scheme to inflate generics drug prices - sometimes by more than 1,000% — 44 US states complain dibartz DoinaChiacu WAIT do you mean to say that capitalism is not working? amitvarma devangshudatta
Why is Teva the lead?
Kroger is suing Generic Drug makers who have formed a Republican Drug Cartel. Drugs, after their patents expired, used to drop 75% to 90% in price, until this REPUBLICAN DRUG CARTEL assigned drugs to a single manufacturer which raised prices up to 3000%
That’s capitalism 😉
Pleade name all of them This is big pharma flexing the power over elimination of low cost competition
Nem tėma
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
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »