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Benzinga 12/06/2018 15:13
CHRISTIANSBURG, Va., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Montgomery County, Virginia, represented by Sanford Heisler Sharp, LLP, Kaufman & Canoles, P.C., and The Cicala Law Firm PLLC today initiated legal action against opioid manufacturers, distributors, and pharmacy benefit managers (PBMs) for their role in creating the public health emergency caused by prescription opioids. Montgomery County filed the lawsuit in state court against more than 15 opioid manufacturers, distributors, and PBMs — including pharmaceutical titan Purdue Pharma and worldwide distributor McKesson.
Zero Hedge 11/30/2018 22:05
An American drug company hiked the price of its opioid-overdose antidote by 600% since going to market in 2014, has cost Medicare and Medicaid health programs $142 million, according to a new Senate subcommittee report, which called the company's actions a way of taking advantage of the worst drug overdose crisis in US history. Senators Rob Portman of Ohio and Tom Carper of Delaware said in the report , published last week, that Kaleo, Inc. "exploited the opioid crisis by increasing the price of its naloxone drug EVZIO by more than 600 percent (from an initial price of $575 per unit to $3,750 and then $4,100 eleven months later).".

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