Bloomberg Law
Jan. 17, 2019, 9:32 PM UTCUpdated: Jan. 17, 2019, 10:02 PM UTC

United Healthcare Hits Big Pharma With Generics Pricing Suit (1)

Porter Wells
Porter Wells
Reporter

United Healthcare Services Inc. is accusing a roster of pharmaceutical companies of conspiring to “fix, increase, stabilize, or maintain prices of generic drugs” in violation of antitrust laws.

United cites to federal agency and congressional investigations into the suspected conspiracy, as well as private and public lawsuits against the pharmaceutical giants, to support its collusion and price-fixing claims. It filed its lawsuit Jan. 16 in the U.S. District Court for the District of Minnesota.

On top of monetary damages, United wants the court to force the companies to disgorge ill-gotten profits into a common fund and to enjoin them from ...

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