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44 States Accuses Pharma Giants of ‘Multi-Year Conspiracy’ to Hike Drug Prices

A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation’s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent. The suit names 20 major drug manufacturers—including Pfizer, Teva, Novartis, and Mylan—as well as more than a dozen senior executives, who the complaint accuses of deleting evidence after the states began their investigation in 2014. The industrywide scheme affected the prices of more than 100 generic drugs.

— source commondreams.org | May 12, 2019

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