New HampshireDepartment of JusticeOffice of the Attorney General

News Release

For Immediate Release
Date

Contact:
Kate Spiner, Director of Communications
kate.spiner@doj.nh.gov | 603-573-6103

Gregory Albert, Assistant Attorney General
Consumer Protection and Antitrust Bureau
gregory.albert@doj.nh.gov | (603) 271-1196

New Hampshire Joins Amended Antitrust Lawsuit Against Teva Pharmaceuticals and Other Generic Drug Manufacturers

Concord, NH – Attorney General Gordon J. MacDonald announces that New Hampshire has joined a lawsuit alleging that generic drug manufacturers, including Teva Pharmaceuticals and other national companies, were involved in a broad conspiracy to artificially inflate and manipulate prices, reduce competition and unreasonably restrain trade for more than 100 different generic drugs. The drugs at issue account for billions of dollars of sales in the United States.

Specifically, New Hampshire alleges violations under the consumer protection act and antitrust laws related to using unfair or deceptive business acts including price fixing of generic drugs, and impairing competition for these products sold to New Hampshire consumers.

In addition, the complaint alleges the companies named were responsible for the sales, marketing, pricing and alleged schemes that lead to increased prices affecting the health insurance market, taxpayer-funded healthcare programs like Medicare and Medicaid, and individuals who must pay artificially-inflated prices for their prescriptions drugs.

The lawsuit seeks damages and injunctive relief by the court to restore competition to the generic drug market.

New Hampshire joined the amended complaint on October 31, 2019.

Portable Document Format Symbol Portable Document Format (.pdf). Visit nh.gov for a list of free .pdf readers for a variety of operating systems.

New Hampshire Department of Justice
33 Capitol Street | Concord, NH | 03301
Telephone: 603-271-3658