Minnesota joins lawsuit against generic drug manufacturers

Minnesota Public Radio reports the lawsuit alleges that nearly two dozen drug companies reached tacit agreements to divide up the drug market and push prices higher to increase revenue.

Posted: May 14, 2019 7:24 AM

ST. PAUL, Minn. (AP) — Minnesota is joining dozens of other states in suing generic drug manufacturers over prices.

Minnesota Public Radio reports the lawsuit alleges that nearly two dozen drug companies reached tacit agreements to divide up the drug market and push prices higher to increase revenue. Generic drugs are copies of name-brand medications that are often prescribed as lower-cost alternatives.

Minnesota Attorney General Keith Ellison says high prescription drug prices are one of the chief complaints his office is getting. University of Minnesota pharmacy professor and drug economist Stephen Schondelmeyer says it's affecting a lot of Minnesotans.

It's the second wave of such lawsuits. Drug makers have been fighting the allegations in court since 2016, and they have denied wrongdoing in the latest case. It was filed in federal court in Connecticut last week.

Article Comments

Mason City
Overcast
20° wxIcon
Hi: 35° Lo: 23°
Feels Like: 8°
Albert Lea
Overcast
19° wxIcon
Hi: 35° Lo: 24°
Feels Like: 9°
Austin
Overcast
21° wxIcon
Hi: 36° Lo: 25°
Feels Like: 12°
Charles City
Overcast
23° wxIcon
Hi: 33° Lo: 22°
Feels Like: 13°
Rochester
Overcast
21° wxIcon
Hi: 34° Lo: 23°
Feels Like: 9°
Sunny and cooler day for Friday
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Sara's Daybreak Forecast - Friday

Image

Judge halts Honken execution

Image

It's all for the coach

Image

Thanksgiving for $100 or less?

Image

West Hancock wins state

Image

Chris' PM Weather Forecast 11/21

Image

Turkey Feast on a budget

Image

Preventing Suicide in Ag Communities

Image

Eagles are State Champs!

Image

NIACC Funding Referendum

Community Events