GENERICS FIRMS FACING 44-STATE PRICE FIXING LAWSUIT IN US

A 44-STRONG coalition of states in the United States (US) has filed a lawsuit accusing 20 major pharmaceutical manufacturers and 15 individuals of running possibly the largest cartel in US history for over 100 generic medicines. A May 12 [2019] statement from the office of Connecticut Attorney, General William Tong, which is leading the coalition, alleges that Teva, Sandoz, Mylan, Pfizer and 16 other generic drug makers have “engaged in a broad, coordinated and systematic campaign to conspire with each other to fix prices, allocate markets and rig bids for more ...


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