“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people.”
By Jake Johnson, staff writer for Common Dreams. Published 5-12-2019
A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation’s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent.
“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people,” Connecticut Attorney General William Tong, whose state led the probe into the companies’ practices, said in a statement. Continue reading