tagged w/ Choosing Money over Human Lives
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"A $125 million settlement has been announced in a major class action lawsuit involving members of the Prescription Access Litigation (PAL) coalition. The case, In re Pharmaceutical Industry Average Wholesale Price Litigation, was originally filed in 2002, and claimed that the defendant drug companies intentionally inflated reports of the Average Wholesale Prices (AWPs) on certain prescription drugs administered in doctors’ offices and paid for by Medicare Part B."
"The settlement includes branded and generic drugs used primarily in the treatment of cancer, HIV and other serious illnesses. Under the terms of the settlement 82.5 percent of the settlement fund is designated for third-party payors’ claims and the remaining 17.5 percent is designated for consumer claims."
So Big Pharma apparently thinks that cancer and HIV treatments aren't profitable enough. I thought that tricking people into thinking that they had imaginary illnesses by showing deceptive advertisements had put enough extra notches in their belt. I guess I was wrong."A $125 million settlement has been announced in a major class action lawsuit... more
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