Washington one of 43 states suing generic drug makers for price fixing
Washington is one of 43 states, plus Puerto Rico, suing Teva Pharmaceuticals and 20 other large generic drug manufacturers, charging the drug companies with a price fixing scheme that ripped off millions of Americans.
The states charge that the companies conspired in secret, their emails leaving footprints, to increase by as much as 1,000 percent prices of 116 common medications including antibiotics and contraceptives.
The height of the alleged fixing was a period between July of 2013 and January of 2015. "Teva and its co-conspirators embarked on one of the most egregious and damaging price fixing conspiracies in the history of the United States," the states' complaint alleges.
Washington AG Bob Ferguson has been in the front lines of challenges to "Big Pharma."
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