Minnesota sues 2 N.J. drugmakers over ‘deceptive’ insulin price hikes

Minnesota ’s top law enforcement official has sued two New Jersey pharmaceutical giants for “deceptive, misleading, and misrepresentative” price hikes on insulin, a drug used to treat diabetes. Minnesota Attorney General Lori Swanson said the companies arbitrarily inflated the list price of the drug to negotiate better deals with insurance companies, leaving Medicare subscribers and those without insurance paying much higher costs. “Insulin is a life-or-death drug for people with diabetes,”…
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