2006/05/06

BigPharma makes deals with generics

Are the Big Pharma companies making secret deals with some generic drug companies to keep prices artificially high? There is growing evidence that Big Pharma companies are making deals with makers of generic drugs to keep generic rivals off the shelves.

The U.S. Federal Trade Commission has filed lawsuits challenging patent settlement agreements between major drugmakers and their generic rivals. Big Pharma companies have been winning these lawsuits. The FTC has published a report citing examples of payoffs of generic companies by the Biggies.

And you wonder why your prescriptions are so expensive???

2 comments:

Toblerone said...

There's no mystery about it. We've known for years that Big Pharma is ripping off the consumer. It's time governments did something about it.

Daniel Haszard said...

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