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Beshear, AGs seek to broaden lawsuit in alleged drug price conspiracy Attorneys general in several states - including Kentucky and all surrounding states: Illinois, Indiana, Missouri, Ohio, Tennessee, Virginia and West Virginia, are among the group of plaintiffs in the lawsuit. want to name 18 drug manufacturers, 15 generic drugs in ongoing lawsuit, alleging pharmaceutical companies conspired to Raise Generic Drug Prices By Terry Sebastian and Crystal Staley News from Attorney General Andy Beshear's office FRANKFORT, KY (2 Nov 2017) - Attorney General Andy Beshear and a group of AGs are asking a federal judge for the authority to name additional drug manufacturers and drugs in its pending multistate lawsuit that alleges widespread collusion among pharmaceutical companies to reduce competition and increase the price of generic drugs. If granted, the amended December 2016 lawsuit would increase the number of generic drug manufacturer defendants from six to 18 and the number of drugs at issue in the litigation from two to 15. The states allege the actions by the companies violate both state and federal antitrust laws. The states are asking the U.S. District Court for the Eastern District of Pennsylvania to require the companies correct the anticompetitive effects caused by their conduct, and calls for repayment of the companies' "ill-gotten gains," along with civil penalties to the states. The states are seeking to expand the complaint to include Actavis Holdco U.S. Inc.; Actavis Pharma Inc.; Ascend Laboratories LLC; Apotex Corp.; Dr. Reddy's Laboratories Inc.; Emcure Pharmaceuticals Ltd.; Glenmark Pharmaceuticals Inc.; Lannett Company Inc.; Par Pharmaceutical Companies Inc.; Sandoz Inc.; Sun Pharmaceutical Industries Inc. and Zydus Pharmacuticuals (USA) Inc. The lawsuit currently claims generic drug-maker Heritage Pharmaceuticals Inc., Auribindo Pharma USA Inc., Citron Pharma LLC, Mayne Pharma (USA) Inc., Mylan Pharmaceuticals Inc. and Teva Pharmaceuticals USA Inc allegedly entered into numerous illegal conspiracies with generic drugs doxycycline hyclate delayed release, an antibiotic, and glyburide, an oral diabetes medication. The expanded complaint adds allegations that the additional companies entered into conspiracies involving the following generic drugs:
In July 2014, the state of Connecticut initiated an investigation of the reasons behind suspicious price increases of certain generic pharmaceuticals. The ongoing investigation uncovered evidence of a broad, well-coordinated and long-running series of conspiracies to fix prices and allocate markets for a number of generic pharmaceuticals. Attorneys general in Illinois, Indiana, Missouri, Ohio, Tennessee, Virginia and West Virginia are among the group of plaintiffs in the lawsuit. One of Beshear's core missions is to protect Kentucky families and seniors from those who seek to defraud them. This story was posted on 2017-11-03 06:33:31
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ACMS accepting minority parent representative for SBDM council Adair Countians: Call non-emergency # to report controlled burn Adair County Sheriff's Activity Report - October 2017 Christmas in Columbia planning begins now for participants Suicide numbers to call given for teens needing help Adair Clerk's Office closed 10-11 Nov 2017 for Veterans Day Churches of N Adair County will provide free Thanksgiving dinner Revival at Kelleyville Community Church 2-5 Nov 2017 Revival at GF Church of the Nazarene is 5-8 Nov 2017 Knifley driver airlifted from scene of single vehicle crash View even more articles in topic News |
 
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