Justice Department Investigation Pharmaceutical Collusion and Anti-Trust Claims

Jeff Swenson, Getty Images
Like
Like Love Haha Wow Sad Angry

Generic drugmaker Mylan is one of the companies reported to be the subject of a Justice Department investigation into pricing of generic drugs.

The Justice Department is investigating the pricing practices of several generic drug manufacturers because the list prices of many older medications have risen in lockstep in recent years.


Sponsor

56 y. o. Geography Teacher Humiliates Power Companies

You won’t believe what just happened...This crazy 56 year-old geography teacher in Memphis, Tennessee believed he can change the energy world... and somehow he did it.

>> WATCH THIS IMMEDIATELY <<


That investigation could lead to an antitrust lawsuit alleging price-fixing by the end of this year, according to a report by Bloomberg News. Bloomberg cited anonymous sources familiar with the probe.

Many of the companies, including Teva, Mylan, Lannett Co., and Impax Laboratories, have disclosed in public securities filings that they are under investigation by the Justice Department and Connecticut Attorney General George Jepsen. Jepsen spokeswoman Jaclyn Falkowski declined to comment for this story.

read more at npr.org

What Are Your Thoughts?

comments

About Chuck Berry

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!

Related posts