Six Pharmaceutical Firms Accused of Price-Fixing

US authorities have accused six pharmaceutical firms from the US, India and Australia of price-fixing. It is alleged the companies conspired to raise the price of the antibiotic doxycycline and diabetes drug glyburide. The civil lawsuit has been filed in 20 US states. It follows criminal charges being brought against former executives at one of … Read more

U.S. Government Health Plans Spent Over $1 Billion On EpiPens Over Five Years

U. S. government health plans spent more than $1 billion on Mylan NV’s EpiPen emergency allergic reaction treatment between 2011 and 2015, according to figures released by the Centers for Medicare and Medicaid Services on Wednesday. Mylan is under scrutiny for raising prices on the lifesaving EpiPen sixfold in less than a decade, making the … Read more