Big Pharma or Big Lie? RT’s Boom Bust looks into price fixing schemes by US drug companies

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Published time: 14 May, 2019 14:27

Nearly every state in the US is part of a lawsuit against leading pharmaceutical companies which colluded to raise prices on generic medications by as much as 1,000 percent.

RT’s Boom Bust talks to Mollye Barrows of America’s Lawyer about the case with the big pharma companies which some are referring to as “the largest cartel case in the history of the United States.”

She says executives of 20 companies met with each other to fix prices and divide the market share of profits for more than 100 generic drugs.

For more stories on economy & finance visit RT’s business section

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