News Formal

Teva, other drug companies accused in sweeping US price-fixing scheme: Lawsuit

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

US states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices ...

WASHINGTON: US 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 per cent - and stifle competition for generic drugs, state prosecutors said on Saturday.

Representatives of Teva and Sandoz, another company named in the lawsuit, did not immediately respond to a request for comment. Teva USA is a unit of Israeli pharmaceutical company Teva Pharmaceutical Industries Ltd. The lawsuit also names 15 individuals as defendants who it said carried out the schemes on a day-to-day basis."The level of corporate greed alleged in this multistate lawsuit is heartless and unconscionable," Nevada Governor Steve Sisolak said in a statement.

The lawsuit seeks damages, civil penalties and actions by the court to restore competition to the generic drug market.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Teva, other drug companies accused in sweeping US price-fixing scheme: lawsuitWASHINGTON: U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices:
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »