Foreign Affairs
American authorities accuse medicine companies of defrauding consumers

Over 40 American states have initiated cases in Courts against pharmaceutical companies which allegedly agreed among themselves to raise medicines prices.

Authorities are accusing 20 companies which produce medicines of collusion between 2013 and 2015 to raise prices of over 100 medicines, including those for diabetes and cancer.

These companies include Teva Pharmaceuticals, which is the world’s biggest producer of generic medicine. The company denies the accusations.

The allegations emerged following a five-year investigation with the Attorney General saying they have proof that the generic medicine industry defrauded consumers of billions of dollars.

Other News
Foreign Affairs

A passenger on a flight to Pakistan created a huge panic when he opened the aircraft emergency exit instead of the door to the toilet. Luckily for everyone, this occurred…

Foreign Affairs

Many were concerned when they spotted German Chancellor Angela Merkel shaking uncontrollably as she stood next to Ukraine President Zelensky during an official visit to Berlin. Yesterday, during the official…

Foreign Affairs

Every morning Vinod Capri, an Indian from New Delhi who works in the film industry checks his Twitter account. He wasn’t to know that that particular Twitter search would change…

Foreign Affairs

Four people were injured in Toronto when gunfire broke out during a rally to celebrate the victory of the Toronto Raptors basketball team. The attack took place during the day,…

View More