As millions in the United States experience economic despair in the face of the coronavirus pandemic, recent reports show that the pharmaceutical industry, banking executives on Wall Street, and politicians are exploring ways to profit.
A lawsuit released Monday seeks to permanently ban Martin Shkreli and associate Kevin Mulleady from the pharmaceutical industry for their role in 2015 in increasing the price of a life-saving drug by more than 4,000 percent.
Lawyers who took on a case against Swiss pharmaceutical company Hoffman-La Roche stated on Monday that the corporation falsely claimed that Tamiflu, one its highest grossing products, could help limit a potential influenza pandemic by preventing the transmission of the virus.
The Pennsylvania-based pharmaceutical company Mylan N.V. agreed to pay US$30 million to settle accusations of overcharging Medicaid for its allergy treatment product, the Securities and Exchange Commission, SEC, announced on Friday.
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