Top Stories

Lawmakers accuse drugmakers Mylan, Teva of ‘coordinated obstruction’


Rep. Elijah Cummings, D-Md.

Bill Clark | CQ Roll Call | Getty Images

U.S. lawmakers on Wednesday accused three major pharmaceutical companies of “coordinated obstruction” and “apparent efforts to stonewall” an investigation on generic drug prices launched in 2014.

Chairman of the House Committee on Oversight, Elijah Cummings, D-Md., along with Sen. Bernie Sanders, I-Vt., sent letters to Mylan, Teva Pharmaceutical and Heritage Pharmaceuticals asking them to turn over documents, according to a joint statement Wednesday.

Shares of Mylan and Teva Pharmaceutical were each down roughly 8% on Wednesday.

Democrats, who regained control of the House this year, listed lowering prescription drug costs…


Bond markets are sending one big global recession warning

Previous article

Is Tesla’s executive turnover really high? This analyst sets out to find the answer

Next article

You may also like

Leave a Reply

Notify of

More in Top Stories