Attorney General Jim Hood joined a 44-state coalition in a motion this week to unseal their complaint against Teva Pharmaceuticals and 19 of the nation’s largest generic drug manufacturers. The complaint, alleges a broad conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade for more than 100 different drugs.
“The patients are the ones harmed by these companies’ greed, so they should be able to read on their own just how extensive this conspiracy is between the companies fixing their drug prices,” said AG Hood. “These are everyday drugs that Americans rely on. We’re asking the court to show America the startling evidence we’ve uncovered.”
This is the second complaint that has been filed in an ongoing, expanding investigation, prosecutors say may result in the largest cartel case in the history of the United States. The first complaint was similarly filed under seal initially and later released in full with permission from the court.
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