States' Lawsuit Accuses Manufacturers of Generic Drug Price-Fixing

Attorneys general in 44 states have filed a lawsuit against 20 of the nation’s largest generic drug manufacturers accusing the companies of conspiring to artificially inflate the prices of 114 different generic drugs, including many commonly prescribed in workers’ comp. The lawsuit, filed Friday in U.S. District Court in Connecticut, names 20 corporate defendants, including Teva Pharmaceuticals, Sandoz Inc., Pfizer Inc. and Mylan Pharmaceuticals, as well as 15 drug company executives. According to the lawsuit, a first-time generic drug is typically priced slightly lower than...