Tag Archives: States

Teva drops 16% after states accuse drugmaker of conspiring to hike generic drug prices

U.S. traded shares of Teva Pharmaceutical plunged more than 16% Monday after state prosecutors accused the Israeli company of orchestrating a sweeping scheme with 19 other drugmakers to inflate drug prices in the U.S. Shares of drugmakers Mylan and Pfizer, which were also named in the lawsuit, were trading 9.6% and about 1% lower in… Read More »

Three largest insurers dominate market share in at least 37 states, GAO report says

The three largest healthcare insurers held 80 percent of more of their market in at least 37 states, according to a report by the Government Accountability Office. The GAO studied the large group, small group and individual insurance markets. Three or fewer insurers held 80 percent or more of the market in at least 46… Read More »