Drugs in bottles Lawsuits filedby state attorneys general in 2016 and this year allege aconspiracy among 20 drugmakers to carve up the market and raiseprices of more than 100 drugs.

Senator Bernie Sanders and Representative Elijah Cummings areopening an investigation into generic-drug giants Mylan NV and TevaPharmaceutical Industries Ltd. on allegations of “apparentcoordinated obstruction” in failing to provide lawmakers withdetails about their pricing practices.

Sanders, an independent from Vermont who is running for theDemocratic nomination for president, and Cummings, a Democrat fromMaryland, sent letters to Teva and Mylan as well as closely heldHeritage Pharmaceuticals Inc. The letters renewed a 2014 requestfor the companies to provide documents related to charges ofgeneric-drug price-fixing.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.