Credit: Sherry Young/Adobe Stock 4 Law Firms Back Texas AG Suit on Insulin Price-Gouging Allegations
The state alleges this insulin pricing scheme violates the Texas Deceptive Trade Practices Act, constitutes unjust enrichment, and represents an unlawful civil conspiracy.
October 04, 2024 at 02:59 PM
4 minute read
What You Need to Know
- Four law firms experienced in litigating against Big Pharma are backing a Texas Attorney General lawsuit alleging an insulin price gouging scheme.
- The defendants are the manufacturers and distributors of 80% of the insulin market in the United States.
- The consumer protection suit was filed in an Austin, Texas state district court.
Four law firms based in Texas and Mississippi with experience litigating for state governments against Big Pharma are backing a Texas Attorney General lawsuit alleging price gouging on insulin.
Texas Attorney General Ken Paxton on Thursday sued major insulin manufacturers and pharmacy benefit managers (PBMs) over an alleged conspiracy to increase prices of insulin.
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