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Former drug company executives charged with generic drug price collusion
 

Former drug company executives charged with generic drug price collusion

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After a two-year investigation into price collusion among generic drug makers, two former Heritage Pharmaceuticals executives were accused of conspiring with rivals to fix prices for a widely-used antibiotic and a diabetes treatment.
 
today.mims.com
 
19 Dec 2016 - General
 
The pharmaceutical industry is one of the highest profit-making industries, mainly because patients have no choice but to buy the medicines they need. Generic drugs have been a lifesaver for many patients as they are supposedly more affordable, yet cases like this really rob the public of having more affordable options for their medication. Hopefully these criminals be brought to justice. Plus, there should be stricter controls in place by the authorities to ensure that generic drugs will be ava...
 (Total 85 words)