Attorney General's Weekly Newsletter
Volume 9, Issue 319 Dec. 16, 2016
Attorney General Bondi's Weekly Briefing
This week I joined 19 other state attorneys general to take legal action against six drug companies for alleged anticompetitive behavior. These drug-makers allegedly conspired with each other to restrain trade, artificially inflate and manipulate prices and reduce competition in our country for two generic medications, an antibiotic and an oral diabetes medication.
The generic pharmaceutical industry accounts for the majority of prescriptions written in the United States, and last year, generic drug sales in the country exceeded $70 billion. Generic medicine is an important option for consumers in need of medical care and any effort to distort the price of these drugs harms consumers.
The complaint my office and the other state attorneys general filed alleges the companies’ senior executives and their subordinate marketing and sales executives routinely coordinated anticompetitive schemes with competitors at industry trade shows and customer conferences and through direct email, phone and text message.
The multistate action we filed this week asks the court to enjoin the drug companies from engaging in illegal, anticompetitive behavior and for substantial financial relief. Thanks to the continued partnerships between my office and our fellow state attorneys general, these drug companies will be held accountable and the marketplace with be better protected.
In the News
Generic drug makers accused of widespread price-fixing conspiracy, Palm Beach Post
Florida joins multistate antitrust action against generic drug-makers, WTSP
States sue six generic drug companies, Consumer Affairs
Attorney General Bondi Announces Settlement with Obstetrician and Gynecologist, Capital Soup
Attorney General Bondi Announces Settlement with Obstetrician and Gynecologist
Attorney General Pam Bondi announced a million dollar settlement reached with an obstetrician and gynecologist in Ocala. Dr. Rasiklal Dhanji Nagda is a Medicaid provider and owner of Nagda Medical, Inc. According to Attorney General Bondi’s Medicaid Fraud Control Unit’s investigation, Nagda submitted more than 700 claims to Medicaid for intrauterine devices not approved by the Food and Drug Administration, and received reimbursements from the Medicaid program. Nagda allegedly used a credit card to order large quantities of Bayer’s Mirena IUDs from an online pharmacy, GetCanadianDrugs.com, on a monthly basis.
Andrew Fay, Legislative and Policy Specialist for the Florida Attorney General’s Office receiving The Florida Government Bar Association’s 2016 Government Attorney of the Year award for his service to the victims of the attack on the Pulse nightclub in Orlando. Attorney General Bondi thanks Andrew for his unwavering service and dedication to the people of Florida and those affected by the tragedy.