The lawsuit says the representatives used phrases such as “playing nice in the sandbox” and “fluff pricing” in emails to one another.
About 20 generic-drug manufacturers are accused in a federal lawsuit of conspiring with competitors to divide market share and coordinate price hikes.
“Fluff pricing” refers to the practice of offering an inflated price for a drug to create the appearance of competition. In another email, representatives from three companies talk about coordinating letters in 2014 in response to a congressional investigation into price increases in the generic-drug industry.
The complaint alleges that an official at Teva did this by systematically conspiring with competitors and maintained a ranking system based on their collusive relationships, with +3 assigned to the most collusive and -3 assigned to the least.Last month when the filing of the lawsuit was first announced, a representative of Teva said the company hasn’t engaged in any conduct that would lead to civil or criminal liability.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Maker of Instant Pot says its price may jump $38 due to Trump’s China tariffsThe price of the popular Instant Pot would increase nearly $38 to $187.44 if the latest proposed 25% tariff on Chinese imports goes into effect.
Consulte Mais informação »
Opioid maker settles lawsuit with Oklahoma for $85 millionAn Oklahoma judge signed off on the agreement with Teva Pharmaceuticals calling for the funds to be used to help abate the state's opioid crisis.
Consulte Mais informação »
Purdue’s Sackler family must face lawsuit saying they triggered opioid epidemicA New York state judge denied the Sacklers’ request to dismiss the lawsuit, which targets them and their money.
Consulte Mais informação »
Lawsuit alleging workplace affair by Councilman Jose Huizar can proceed, judge saysAn ex-staffer alleged that she faced retaliation after complaining to superiors that Huizar was having an affair with a co-worker. He denies the allegations.
Consulte Mais informação »
Writers Guild Claims That Endeavor's IPO Filing Inflates Client NumbersEndeavor has released a statement responding to the WGA's claim that it inflated its client numbers in its SEC filing: 'Once again, in an attempt to disrupt our business, WGA leadership is misrepresenting the facts.' Read in full:
Consulte Mais informação »
Dementia risk tied to these commonly prescribed drugs, study saysThere was nearly a 50% increased odds of dementia among adults aged 55 and older in the United Kingdom who took a strong anticholinergic medication daily for at least three years, according to a new study.
Consulte Mais informação »