U.S. states sue Teva, 19 other drug companies in price-fixing complaint

U.S. states sue Teva, 19 other drug companies in price-fixing complaintForty-four U.S. states have filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices and stifle competition for more than 100 generic drugs, state prosecutors said on Saturday. The complaint, filed on Friday in the U.S. District Court in Connecticut, said the drug companies engaged in "numerous illegal conspiracies in order to unreasonably restrain trade, artificially inflate and manipulate prices and reduce competition," according to state attorneys general. Representatives of Teva and Sandoz, another company named in the lawsuit, did not immediately respond to a request for comment.




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