Sun Pharma Faces Class Action Suit Alleging Price Hike Scheme

Source: Business Standard

Mar 20, 2017

Sun Pharamceutical Industries is accused of conspiring with Mylanto to raise the price of asthma generics albuterol sulfateThe class action suit was filed by a grocery workers' union from New York in a Pennsylvania federal court last week.

The suit alleges that Sun and Mylanraised prices by more than 3,000 percent from October 2013 to April 2014.

The same union filed suits against Mylan and Sandoz that allege collusion on a price hike for asthma generic benazepril.

Read the report from Business Standard