NEW YORK, United States (AFP) — Prosecutors announced Tuesday they added 12 more companies and two executives as targets in a wide-ranging antitrust investigation that charges generic drug manufacturers fixed drug prices. The suit, which was filed in December and is now supported by prosecutors from 45 US states, alleges a broad conspiracy by Mylan Pharmaceuticals, Teva Pharmaceuticals and others to divvy up markets and set prices to boost profits at consumer’s expense. On Tuesday, […]
Tag: drug prices
After backlash, EpiPen maker to help reduce patient costs
WASHINGTON, United States (AFP) -by Douglas Gillison The embattled manufacturer of EpiPens said Thursday it would help extreme allergy sufferers meet the costs of the life-saving devices after a five-fold price hike sparked outrage. Mylan NV, which holds a near-monopoly on the manufacture of the epinephrine injectors, said it would expand existing programs to defray out-of-pocket costs but did not say it would lower prices. After a series of price hikes, a pack of two […]





