Target, American Airlines Say Generic Drugmakers Fixed Prices

April 5, 2024, 4:10 PM UTC

American Airlines Group Inc. and Target Corp. are among employers suing generic drugmakers over claims they fixed the price of medications, leading to higher costs for consumers.

The suit, filed Thursday in US District Court for the Eastern District of Pennsylvania, claims dozens of pharmaceutical manufacturers including Actavis Pharma Inc., Amneal Pharmaceuticals Inc., Glenmark Pharmaceuticals Inc., and Teva Pharmaceuticals Inc. entered into illegal agreements that led to “staggering” price increases for critical drugs.

The complaint’s allegations stem from information made public in state and federal government investigations involving the pharma companies, and documents filed in pending multidistrict litigation in Pennsylvania, ...

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