81.1 F
Wichita
Thursday, August 13, 2020

Lawsuit: Sick People In Missouri, Kansas Paid Higher Prices For Generic Drugs Due To Price-Fixing

Sports Headlines

Kansas Announces New College Football Schedule For 2020 Season

Kansas Jayhawk Football can be heard on Today's Country 95.5 KNDY in Northeast Kansas & Southeast Nebraska as well as Z-96.3 The Lake in...

K-State Announces New College Football Schedule For 2020 Season

K-State Football can be heard on Classic Country 1570 AM/94.1 FM in Northeast Kansas & Southeast Nebraska as well as Classic Hits 106.7 FM...

2020 Big 12 Football Conference Schedule Announced

In moving forward with planning for the upcoming fall sports season the Conference is also releasing its revised 2020 conference football schedule. The “9+1”...

Pitchers Carlos Hernández, Asa Lacy Added To Royals Alternate Site Camp

KANSAS CITY, Mo. (August 11, 2020) – The Kansas City Royals announced today that right-handed pitcher Carlos Hernández and left-handed pitcher Asa Lacy have...

Royals Outfielder Franchy Cordero Has Successful Surgery

KANSAS CITY, Mo. (August 11, 2020) – Kansas City Royals outfielder Franchy Cordero had surgery to repair a broken right hamate bone this morning....
Derek Nesterhttp://sunflowerstateradiocom.wordpress.com
Derek Nester was born and raised in Blue Rapids, and graduated from Valley Heights High School in May of 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. After stops at KFRM and KCLY radio in Clay Center, he joined KNDY in 2002 as a board operator and play by play announcer. Derek is now responsible for the digital content of Dierking Communications, Inc. six radio stations. In 2005 Derek joined the staff of KCFX radio in Kansas City as a production coordinator for the Kansas City Chiefs Radio Network, which airs on over 94 radio stations across 12 Midwest states and growing. In 2018 he became the Studio Coordinator at the Cumulus Kansas City broadcast center for Kansas City Chiefs Football.

By Dan Margolies – Kansas News Service

Missouri and Kansas have joined 41 other states and Puerto Rico in a lawsuit accusing generic drug makers of conspiring to manipulate and drive up prices for more than 100 generic drugs.

The 510-page lawsuit, filed in federal court in Connecticut, names 20 drug companies and 15 executives as defendants, alleging they participated in a conspiracy led by generic drug giant Teva Pharmaceuticals USA.

“We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people,” Connecticut Attorney General William Tong said in a statement. “We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs.”

Tong, who is taking the lead in the case, announced the lawsuit Sunday night on “60 Minutes,” which aired a story about the case.

The lawsuit expands on an earlier case brought by Connecticut and 19 other states in December 2016. That lawsuit, which is pending, has since been joined by more than two dozen other states.

In a statement Monday, Missouri Attorney General Eric Schmitt called the alleged conspiracy “one of the most damaging and far-reaching price fixing schemes in modern history, with certain companies inflating prices by nearly 1,000%.”

“Millions and millions of Americans rely on generic prescription drugs every day to treat diabetes, infections, depression, cancer, HIV, and more,” Schmitt said. “This price fixing scheme by Teva Pharmaceuticals and other industry giants demonstrates a level of corporate greed the state of Missouri and the country rarely sees. By joining this lawsuit we’re sending a clear message to pharmaceutical companies: if you harm any of the 6 million people that call Missouri home, we will pursue action and hold you accountable for your actions.”

Teva Pharmaceuticals USA, which is based in Pennsylvania and is a wholly owned subsidiary of Israel-based Teva Pharmaceuticals Industries, denied wrongdoing in a statement .

“The allegations “are just that – allegations,” the company said.

“Teva continues to review the issue internally and has not engaged in any conduct that would lead to civil or criminal liability. Teva delivers high-quality medicines to patients around the world, and is committed to complying with all applicable laws and regulations in doing so. We will continue to vigorously defend the company.”

Teva subsidiaries operate out of two locations in Overland Park, Kansas, where until recently they employed about 350 people. The city and state granted Teva more than $53 million in tax abatements in 2013 to erect a $46 million, five-story headquarters building at College Boulevard and Nall Avenue, where it employed back office workers in its branded drug business. A smaller facility is located a few blocks away on 107th Street.

In December 2017, Teva announced plans to slash its global workforce by 25%. The local workforce has since been reduced, although it’s not clear by how much. A spokeswoman for Teva did not immediately respond to a query about how many people it now employs in the area.

The lawsuit filed Friday in Connecticut alleges that Teva significantly raised prices on more than 100 generic drugs beginning in July 2013 and colluded with competing companies to carve up markets and raise prices on at least 86 of those drugs.

The suit claims that the defendants coordinated their moves in person or by cell phone at golf outings, cocktail parties, industry dinners and other social occasions.

Besides Teva, the companies named in the suit are:

  • Actavis Holdco US, Inc.
  • Actavis Pharma Inc.
  • Amneal Pharmaceuticals Inc.
  • Apotex Corp.
  • Aurobindo Pharma U.S.A. Inc.
  • Breckenridge Pharmaceutical Inc.
  • Dr. Reddy’s Laboratories Inc.
  • Glenmark Pharmaceuticals Inc., USA
  • Greenstone LLC
  • Lannett Company Inc.
  • Lupin Pharmaceuticals Inc.
  • Mylan Pharmaceuticals Inc.
  • Par Pharmaceutical Companies Inc.
  • Pfizer Inc.
  • Sandoz Inc.
  • Taro Pharmaceuticals USA Inc.
  • Upsher-Smith Laboratories LLC
  • Wockhardt USA LLC
  • Zydus Pharmaceuticals (USA) Inc.

Dan Margolies is a senior reporter and editor at KCUR. You can reach him on Twitter @DanMargolies.

Kansas Headlines

Kansas Teachers Could Owe Their Schools Thousands If They Quit Over Coronavirus Concerns

By Stephan Bisaha - Kansas News Service WICHITA, Kansas — Kansas teachers that don’t feel safe going back to crowded hallways as schools reopen could take...

Person Of Interest in Homicide Case Now in Custody in Montana

GLENDIVE, Mont. – The Kansas Bureau of Investigation (KBI), the Medicine Lodge Police Department, and the Barber County Sheriff’s Office have located the person...

Technology Development Institute Receives CARES Funding To Create Innovation Stimulus Program

MANHATTAN — The U.S. Department of Commerce's Economic Development Administration has awarded the Technology Development Institute, or TDI, at Kansas State University grant funding through...

Kansas Highway Patrol Stresses Safety For Labor Day Holiday

The Kansas Highway Patrol will join local and state law enforcement agencies during August 20, 2020, to Labor Day, September 7, to help keep...

KDHE Amends Travel Quarantine List – Florida Removed; Mass Gatherings Greater Than 500 Added

TOPEKA – The Kansas Department of Health and Environment (KDHE) has amended its travel quarantine list, removing the state of Florida and adding attendance...

Kansas News Service

Kansas Teachers Could Owe Their Schools Thousands If They Quit Over Coronavirus Concerns

By Stephan Bisaha - Kansas News Service WICHITA, Kansas — Kansas teachers that don’t feel safe going back to crowded hallways as schools reopen could take...

What A Pending Football Game Says About COVID-19, The Fate Of Small Colleges And The Towns They Keep Alive

By Frank Morris - Kansas News Service There’s a lot riding on a Kickoff set for 6 p.m. Saturday, Sept. 12. The Sterling College Warriors are...

Kansas’ U.S. Senate Race Is Set As Marshall Beats Kobach For GOP Nod; Watkins Out In 2nd District

TOPEKA, Kansas — Kansas’ biggest race of the evening was one of the first to be decided: U.S. Rep. Roger Marshall secured the Republican...

Feds Say Filth, Hazards At Kansas Group Homes Put Foster Care Children At Risk

By Celia Llopis-Jepsen - Kansas News Service Kansas let foster care children live in group homes with broken windows, mold, exposed electrical wiring, trashed porches...

Kansas K-12 Districts Can Start Class On Time After State Board Rejects Governor’s Order To Delay

By Stephan Bisaha - Kansas News Service WICHITA, Kansas — Kansas’ elementary, middle and high schools will reopen for in-person instruction in August, despite Gov. Laura...