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The complaint alleges multiple violations of the Valentine Act, Ohio’s antitrust law, which prohibits price fixing, controlled sales and other agreements that restrain trade and hurt competition. David Yost, the attorney general decried the practices of PBMs saying that they hurt everyday Ohioans dependent on life-saving drugs like insulin.
In a lawsuit filed this week, Ohio Attorney General Dave Yost accused pharmacy benefit managers Express Scripts and Prime Therapeutics of using a little-known, Switzerland-based company to illegally drive up drug prices and ultimately push those higher costs onto patients. This collusion, the lawsuit maintains, has been made possible by PBM market consolidation, which has left
Attorney General Dave Yost said in a lawsuit that PBMs have illegally worked together to fuel rising drug costs, hurting patients as well as independent pharmacies.
Attorney General Dave Yost said in a lawsuit that PBMs have illegally worked together to fuel rising drug costs, hurting patients as well as independent pharmacies.
COLUMBUS, Ohio (WCMH) — Ohio Attorney General David Yost has filed a lawsuit against multiple pharmacy benefit management companies accused of illegally pushing up prices of drugs including insulin. The companies, which include one based in Switzerland, have held control of a majority of the drug market thanks to industry consolidation. Yost named the following […]