State of Montana files lawsuit alleging price fixing from drug manufacturers

Posted at 5:22 PM, May 13, 2019
and last updated 2019-05-13 22:23:21-04

HELENA – Montana is filing a lawsuit alleging price-fixing among more than 100 different generic drugs.

The state is joined by 43 other states and territories.

The lawsuit alleges a broad conspiracy among 20 generic drug makers.

It claims they manipulated prices and reduced competition.

The Montana Department of Justice (DOJ) said the drugs range from capsules to ointments, and antibiotics; even contraceptives.

In some cases, the DOJ says coordinated prices hikes were over 1,000%.

The lawsuit seeks damages, civil penalties and court orders to restore competition to the generic drug market.

The lawsuit also names 15 individual senior executives as defendants.