USVI AG Denise George Levels 'Price-Fixing' Charges Against Generic Drug Companies in Federal Court
CHARLOTTE AMALIE — Attorney General Denise George announced that the U.S. Virgin Islands has joined a coalition of 51 states and territories led by Connecticut in filing the third lawsuit stemming from the ongoing antitrust investigation into a widespread conspiracy by generic drug manufacturers to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade for generic drugs sold across the United States.
This new complaint, filed in the U.S. District Court for the District of Connecticut, focuses on 80 topical generic drugs that account for billions of dollars of sales in the United States.
The complaint names 26 corporate defendants and 10 individual defendants. The lawsuit seeks damages, civil penalties, and actions by the court to restore competition to the generic drug market.
The topical drugs at the center of the Complaint include creams, gels, lotions, ointments, shampoos, and solutions used to treat a variety of skin conditions, pain, and allergies.
Read more: https://vifreepress.com/2020/06/ag-denise-george-levels-price-fixing-charges-against-generic-drug-companies-in-federal-court/