Author Topic: Harris County attorney sues drug manufacturers, claiming price fixing of generics  (Read 322 times)

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Houston Chronicle by  Zach Despart March 2, 2020

Harris County attorney sues drug manufacturers, claiming price fixing of generics

Harris County Attorney Vince Ryan has filed a federal lawsuit against 43 manufacturers of generic drugs he alleges have engaged in a price-fixing scheme that has cost taxpayers millions.

Ryan said the companies sought to limit competition and increased prices of at least 181 generic drugs, including those used to treat heart failure, seizures, bacterial infections, high blood pressure, epilepsy and asthma. The defendants include Teva Pharmaceuticals, Actavis Holdco, Morton Grove Pharmaceuticals and Mylan, Inc.

“These prices skyrocketed at unprecedented rates, many by more than 1,000 percent,” Ryan said. “Since 2013, the county has paid $25 million for the generic drugs involved.”

More: https://www.houstonchronicle.com/news/houston-texas/houston/article/Harris-County-attorney-sues-drug-manufacturers-15098910.php