Attorney General Eric Schmitt Sues Teva, Drug Manufacturers, 15 Individuals Alleging Price Fixing Scheme on Over 100 Generic Drugs

13May - by Editor - 0 - In STL.News

One of the largest and most damaging price fixing schemes in history Jefferson City, MO (STL.News) – Missouri Attorney General Eric Schmitt announced today that the state of Missouri is joining the State of Connecticut’s lawsuit against Teva Pharmaceuticals and 19 of the nation’s largest generic drug manufacturers, alleging that the companies drastically inflated and manipulated prices, reduced competition and unreasonably restrained trade for more than 100 different generic drugs.  This is one of the most damaging and far-reaching price fixing schemes in modern history, with certain companies inflating prices by nearly 1,000 percent.

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