drug price fixing News

U.S. Charges Teva With Conspiring to Fix Generic Drugs Prices

The U.S. Justice Department charged Teva Pharmaceutical Industries Ltd. on Tuesday with conspiring with competitors to raise prices for generic drugs. The Justice Department has been investigating allegations the company colluded with other drugmakers to push up the prices of …

States’ Lawsuit Accuses 26 Drugmakers of Price Fixing of Generic Drugs

Twenty-six drug manufacturers were sued on Wednesday by the attorneys general of most U.S. states and several territories, which accused them of conspiring to reduce competition and drive up generic drug prices. The lawsuit accused Novartis’ Sandoz unit, Teva Pharmaceuticals’ …

44 States Sue Drug Maker Teva, Alleging Price Fixing Scheme with 19 Other Firms

U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc. of orchestrating a sweeping scheme with 19 other drug companies to inflate drug prices – sometimes by more than 1,000% – and stifle competition for generic drugs, state prosecutors said …