A coalition of 44 states filed a lawsuit alleging that 20 major drug manufacturers conspired to artificially inflate and manipulate the prices of more than 100 generic drugs.
Drugs named in the lawsuit account for billions of dollars in the United States. They include treatments for cancer, HIV, diabetes, epilepsy, depression and other medical conditions, according to a statement released Sunday by the office of Connecticut Attorney General William Tong.
In January, federal filings showed that the lobbying group for the pharmaceutical industry spent about $27.5 million on lobbying in 2018 amid pressure to lower drug prices. This is a record annual total for the Pharmaceutical Research & Manufacturers of America, or PhRMA, which represents most of the nation's largest drug companies, including Teva and Pfizer.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Drugmakers allegedly inflated prices over 1,000% and 44 states are now suingU.S. states filed a lawsuit accusing Teva of orchestrating a scheme with 19 other drug companies to inflate drug prices and stifle competition for generic drugs.
और पढो »
Some guys have all the luck. Just ask California Gov. Gavin Newsom'Winning politics often turns on luck. If you’re in the right place at the right time, you’re already ahead of the game. That’s where lucky Gov. Gavin Newsom is now.' LATimesSkelton writes:
और पढो »
A swarm of bees invaded an MLB game, forcing a 20-minute delayFirst pitch was delayed until the swarm moved along.
और पढो »
In the past 20 years, 800 children died while trapped inside oven-like carsAn awful milestone was reached this past weekend. 800 children have now died in hot cars since records began in 1998, according to Golden Gate Weather Services.
और पढो »
Top 20 Oil Companies Improved Cash Flow By $34 BillionIt is commonly accepted that fracking companies don't make money. Well, some of them do, but some that don't have seen their share prices explode. Further, the industry overall has made huge improvements since 2014.
और पढो »
Tesla CEO Elon Musk spent $25 million to buy more stock, boosting stake to nearly 20%Shares of Tesla Inc. rose 0.2% in premarket trade Tuesday, after the company disclosed late Monday that Chief Executive Elon Musk spent $25 million to buy...
और पढो »
China demolished more than 20 mosques in three years, footage suggestsAs many as 91 religious sites in Xinjiang province received structural damage between 2016 and 2018.
और पढो »
China demolished over 20 mosques in three years, footage suggests91 different religious sites in the Xinjiang province received structural damage between 2016 and 2018.
और पढो »