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TexasTowelie

(111,934 posts)
Sat Sep 24, 2016, 12:18 AM Sep 2016

36 attorneys general, including Virginia's, sue Chesterfield-based drug company

Virginia’s Attorney General Mark Herring and other state attorneys general are going after Chesterfield County-based Indivior for allegedly making intentional changes to Suboxone, a drug used to treat opioid addictions, in order to monopolize the market and prevent competition from a generic drug.

The antitrust lawsuit, filed Thursday, accuses Indivior — formerly known as Reckitt Benckiser Pharmaceuticals of “product hopping,” or intentionally changing the product to prevent generic versions from entering the market.

“This allowed Reckitt to maintain its monopoly over the product and get higher monopoly profits from its sales,” a news release from Herring’s office states.

Since 2009, annual sales of Suboxone topped $1 billion, the release continues.

Read more: http://www.roanoke.com/news/virginia/attorneys-general-including-virginia-s-sue-chesterfield-based-drug-company/article_d1d01f2b-505c-5483-ab4c-44b712575d1f.html

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