Pay for Delay: How Drug Manufacturers Inflate Prices
Pay for Delay: How Drug Manufacturers Inflate Prices

Previously we have reported that some drug manufacturers extend the 20-year patent protection this way: They sue the new generic manufacturer, then “settle” on terms that the generic company agrees not to compete in exchange for millions. The pharmaceutical company then gets to keep the monopoly on the medication, forcing patients, the government and insurance companies to pay grossly inflated prices.

For example, have you ever been prescribed Cipro? Barr Laboratories, Inc. and Bayer used this scheme so they could inflate Cipro prices and receive three to four times more profit.

Consumer Attorneys Bring Class Action Against Drug Manufacturers

How was this crooked scheme exposed and stopped? The FDA? No. The FTC? No. Congress? Not a chance. But in 2017, justice prevailed.

It took consumer attorneys 17 years of fighting these drug manufacturers in a class action, to net nearly $400 million for victims. The suit was filed back in 2000!

What would be the effect of eliminating class actions?

Our firm has been handling personal injury cases throughout the California Low Desert and High Desert communities for over 30 years. With a 95% success rate, the California personal injury attorneys at Walter Clark Legal Group will fight to hold those responsible for your loss accountable and win compensation to cover medical bills, lost wages, and pain and suffering. If you have been injured by a drug and want to discuss your legal options, contact us today for a free consultation with an experienced personal injury lawyer. We have offices in Indio, Rancho Mirage, Victorville, and Yucca Valley and represent clients through the entire California Low Desert and High Desert communities.

DISCLAIMER: The Walter Clark Legal Group blog is intended for general information purposes only and is not intended as legal or medical advice. References to laws are based on general legal practices and vary by location. Information reported comes from secondary news sources. We do handle these types of cases, but whether or not the individuals and/or loved ones involved in these accidents choose to be represented by a law firm is a personal choice we respect. Should you find any of the information incorrect, we welcome you to contact us with corrections.

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