Monday, June 19, 2006

Free markets? What free market? Drug Companies Face Lawsuits Alleging Price Fraud

A number of states are suing pharmaceutical companies for inflating drug prices, which adversely affects Medicaid and Medicare. The industry plans to vigorously defend themselves against these allegations and Baxter International claims "there is a great deal of transparency and has been for quite some time." The DOJ is confident that hard evidence will show overcharging by the industry. Tresa Baldas, Law.com 06/19/2006 Read Article: Law.com

1 comment:

Danny Haszard said...

Eli Lilly is a big drug company that puts profits over patients.

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