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April 23, 2024 | Connecticut Law Tribune

Civil RICO Suit Accuses Big Pharma and Benefit Managers of Insulin Price-Fixing

"Rather than working to lower insulin and other Type 2 diabetes medication prices, major [pharmacy benefit managers] and manufacturers use their dominant market positions to drastically increase the price of these necessary, life-saving medications, generating billions of dollars in illicit profits," co-lead counsel for the plaintiff claimed in a joint statement.
4 minute read
February 05, 2024 | New York Law Journal

US Judge Ends Antitrust Claim Alleging Conspiracy to Manipulate Prices of Insulin Products

Chief Judge Elizabeth Wolford of U.S. District Court, Western District in Rochester wrote that the plaintiffs failed to present a viable claim under the Sherman Act.
4 minute read
December 08, 2023 | Daily Business Review

'10's of Billions at Stake': Insulin Case Gets OK with Miami Attorney in Lead

"This is a case that goes back 20 years, so the damages are substantial," said the Miami attorney representing the MDL
5 minute read
September 11, 2023 | Litigation Daily

Litigation Leaders: Axinn's Denise Plunkett on the Value of Being Right-Sized and Focused

"The size of our firm puts us in a sweet spot in which we have the diversity of experience and brute-force ability to handle the largest and most complex matters, while also being free of the institutional inertia that plagues larger firms."
9 minute read
August 04, 2023 | Daily Business Review

A Panel Just Consolidated an Insulin MDL—Meet the Lawyers Leading the Charge

"This may turn into one of the most significant cases in recent history," attorney Benjamin J. Widlanski said.
6 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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March 02, 2023 | Corporate Counsel

Eli Lilly's Insulin Price Cut Not Likely to Extricate It From Legal Morass

"If a company has acquired or maintained monopoly power through anticompetitive means, they're liable under the antitrust laws whether or not they're exploiting their monopoly power by charging monopoly prices," said Daniel Crane, a professor at the University of Michigan Law School.
3 minute read
January 19, 2017 |

Price-Fixing Claims Pressed in Novo Nordisk Shareholder Suits

Danish drugmaker Novo Nordisk is facing two shareholder class actions in federal court accusing it of inflating its earning prospects and engaging in collusive pricing of its insulin drugs for diabetics.
7 minute read

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