Drugmakers Hit With RICO Suit Over Insulin Price Hikes

Wed Apr 24 02:00:20 PDT 2024

Drugmakers Hit With RICO Suit Over Insulin Price Hikes
<https://www.law360.com/competition/articles/1828635?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-04-24&read_main=1&nlsidx=0&nlaidx=8>

By Brian Steele

The world's three largest insulin manufacturers engineered an enormous
increase in the price of the lifesaving diabetes medication through an
"unfair and deceptive conspiracy" with household-name pharmacies, letting
all involved reap extraordinary profits for 20 years, according to a
lawsuit in Connecticut federal court.

 Complaint attached | Read full article »
<https://www.law360.com/competition/articles/1828635?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-04-24&read_more=1&nlsidx=0&nlaidx=8>
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