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Soph0571

(9,685 posts)
Sun May 12, 2019, 07:42 AM May 2019

Lawsuit - 44 states accuse pharma giants of 'Multi-Year conspiracy' to hike drug prices by over 1K%'

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.

“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people,” Connecticut Attorney General William Tong, whose state led the probe into the companies’ practices, said in a statement.

“We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs,” said Tong.


[link:https://www.rawstory.com/2019/05/lawsuit-by-44-states-accuses-pharma-giants-of-multi-year-conspiracy-to-hike-drug-prices-by-over-1000-percent/|

They are criminals. They are the procurers of death and death panels. They need to be sued out of existence.
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