Forty-five states and the District of Columbia are involved in a lawsuit against generic drugmakers for price-fixing. The defendants include 18 generic drug manufacturers, including Mylan Pharmaceuticals, the maker of EpiPen.
According to the lawsuit, the companies divided customers among themselves, so that each would have a certain percentage of the market. The states also allege that the companies even agreed on price increases in advance.
The lawsuit also specifically names two executives: Rajiv Malik, president of Mylan NV, and Satish Mehta, CEO of India’s Emcure Pharmaceuticals. The states claim that the two agreed to their companies’ shares of the market for a common antibiotic, doxycycline hyclate.
Lawsuit Expanded to Include More Drugmakers
This lawsuit is an expansion of an initial lawsuit that targeted only two medicines, doxycycline and glyburide. Doxycycline increased in price from $20 to $1,849 for 500 tablets between October 2013 and May 2014. The amended complaint includes diabetes drugs glipizide-metformin and glyburide-metformin, along with acetazolamide for glaucoma and epilepsy treatment and several others.
Meanwhile, the U.S. Justice Department is conducting a criminal investigation.
“Price-fixing schemes take advantage of patients and line the pockets of drug companies,” said Attorney Walter Clark, founder of Walter Clark Legal Group.
Our firm has been handling personal injury cases throughout the California Low Desert and High Desert communities for over 30 years. With a 95% success rate, the California personal injury attorneys at Walter Clark Legal Group will fight to hold those responsible for your loss accountable and win compensation to cover medical bills, lost wages, and pain and suffering. If you have been injured by a drug and want to discuss your legal options, contact us today at (760) 777-7777 for a free consultation with an experienced personal injury lawyer. We have offices in Indio, Rancho Mirage, Victorville, and Yucca Valley and represent clients through the entire California Low Desert and High Desert communities.
DISCLAIMER: The Walter Clark Legal Group blog is intended for general information purposes only and is not intended as legal or medical advice. References to laws are based on general legal practices and vary by location. Information reported comes from secondary news sources. We do handle these types of cases, but whether or not the individuals and/or loved ones involved in these accidents choose to be represented by a law firm is a personal choice we respect. Should you find any of the information incorrect, we welcome you to contact us with corrections.
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