Alaska AG: Unredacted emails show drug companies price-fixed
A federal judge unsealed a lawsuit brought by 43 states, including Alaska, who allege 20 pharmaceutical drug companies engaged in price fixing, Alaska’s Department of Law announced Tuesday.
Last month, Alaska joined Connecticut and 41 other states, and filed the suit in U.S. District Court in Connecticut.
On Monday, a judge released a fully unredacted version of the 524-page suit, which in a news release the Department of Law says is a “brazen coordination to artificially inflate prices, hinder competition and unreasonably restrain trade across the industry.”
"Frankly, this type of behavior is unconscionable," said Alaska Attorney General Kevin Clarkson. "I am glad the court agreed to disclose the full complaint so Alaskans can see the misleading and illegal collusion these companies appear to have been engaged in. And all at the expense of people's health."
In some of the unredacted emails, executives for Mylan and Sandoz appear to have worked together to split the market for blood pressure medication. According to a release from Clarkson's office, one of the defendant's primary job functions for Teva Pharmaceuticals was to implement price increases for medications.
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