In charges unsealed recently, prosecutors allege former Heritage CEO and former President conspired with competitors to fix prices and allocate customers for the antibiotic doxycycline hyclate and glyburide, used to treat diabetes.
The company, based in Eatontown, N.J., said it fired the executives and is fully cooperating with the Justice Department. Heritage also said it recently filed its own civil lawsuit against the men “to seek redress for an elaborate embezzlement and self-dealing scheme.
The doxycycline hyclate price-fixing took place from as early as April 2013 until at least December 2015, prosecutors allege, and the glyburide conspiracy from as early as April 2014 until at least December 2015.
“At a time when one out of five Americans cannot afford the medication they need, we must do everything we can to end the greed and illegal behavior of the drugmakers,” Bernie Sanders.
To change this criminal behavior, change the law that gives them the upper hand in pricing.. Don't look far, look at Canada. Just a thought.
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