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Calif. Pharmacies Sue Drug Makers, Alleging Price Fixing

Nineteen California pharmacies filed a state lawsuit Thursday accusing the world's largest pharmaceutical companies of conspiring to inflate U.S. drug prices. The pharmacies accuse the 15 drug makers of illegally charging higher prices in the United States while barring pharmacies from buying the makers' drugs at lower prices outside the country. The drug industry in the past has defended its U.S. prices as a way to recoup hefty research and development costs.

August 30, 2004 at 12:00 AM

1 minute read

By Paul Elias | Updated on August 30, 2004
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