In addition, Tong said the evidence “shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people. We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs.”
“We all wonder why our healthcare, and specifically the prices for generic prescription drugs are so expensive in this country—this is a big reason why,” said the Attorney General.
Tong vowed that they will continue their investigation until the companies and individuals who planned the conspiracy to inflate drug prices are held accountable.
This is the second lawsuit that resulted from the ongoing, expanding investigation into pharmaceutical companies by the Connecticut Office of the Attorney General.
Teva Pharmaceutical denied the allegations
In a statement, Teva USA, a subsidiary of Teva Pharmaceutical denied the allegations and vowed to fight the lawsuit.
