DRUGS FIRMS 'CONSPIRED TO FIX PRICES' IN US

ONE OF THE FIRMS ACCUSED IS TEVA PHARMACEUTICALS, THE WORLD'S LARGEST PRODUCER OF GENERIC MEDICINE.

DRUGS FIRMS 'CONSPIRED TO FIX PRICES' IN US

"We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people," Mr Tong said.
It accuses Teva and others of "embarking on one of the most egregious and damaging price-fixing conspiracies in the history of the United States".

More than 40 US states have filed a lawsuit accusing pharmaceutical firms of conspiring to artificially inflate the cost of common medicinal drugs. The lawsuit alleges that as many as 20 companies have been involved in...

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Article ID: 296810 Date: 12th May, 2019 Social Shares: 4493
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