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Stock impact report

44 U.S. states accuse drug companies of price-fixing [MSN Money]

Teva Pharmaceutical Industries Limited American Depositary Shares (TEVA) 
Last teva pharmaceutical industries limited american depositary shares earnings: 2/13 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.tevapharm.com
Company Research Source: MSN Money
44 states accuse drug companies of price-fixing © Thinkstock The majority of U.S. stat filed a lawsuit Saturday against drugmakers including Teva Pharmaceuticals USA Inc., accusing the compani of inflating pric, sometim by more than ,000 perct, and working to inhibit competition. Load Error The 0 drug compani illegally divided up the market to limit competition and coordinated to raise pric, the suit filed by stat on Saturday said, according to Reuters The complaint placed Teva at the heart of the controversy, alleging that it conspired to increase pric of 86 drugs betwe July 0 and January 0. "Appartly unsatisfied with the status quo of 'fair share' and the mere avoidance of price erosion, Teva and its co-conspirators embarked on one of the most egregious and damaging price-fixing conspiraci in the history of the United Stat," the suit filed in federal court in Connecticut said, the wire service reported. Teva USA died wrongdoing in a statemt to Reuters. "The allegations in this new Show less Read more
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