t.v. pharmaceuticals pfizer novartis and mylan were in cahoots for years to fix and dramatically inflate the prices of more than $100.00 generic drugs in some cases to raising prices well over 1000 percent the lawsuit lays out how the pharmaceutical companies concocted a scheme designed to ensure that each was being responsible for the greater good of big pharma profits by playing nice miss sandbox together all to ensure that everyone got their fair share of the profits from those generic drugs the impact of this scheme is epic given that 90 percent of all prescription the united states are filled by generic drugs naturally the biggest drug dealers on the planet are crying foul over the lawsuit kelly dorothy tiva vice president said miss state when the allegations in this new complaint and in litigation more generally are just that allegation so hot water is the question now is will big pharma finally face the music for putting profits over people or will the song stay the same in the biggest drug dealers will dance away from justice once again and i hope they don't they don't just dance awa

t.v. pharmaceuticals was also named in the oklahoma lawsuit but that company settled with the say that thelast minute. it for 85000000 there stocks were also down this morning mostly as a result it appears over one analyst speculation but overall it appears all those concerns are starting to level out now also named earlier had been produced pharma but they settled with the state of oklahoma in march for 270000000 johnson and johnson of course denying any wrongdoing in this trial and they are now the only defendant in this trial daniel. yes and where does the trial stand now what are the latest updates. well christi to say continues to make its case against a pharmaceutical company they're saying johnson and johnson accusing them of being a drug kingpin that helped create the quote largest manmade health crisis in oklahoma attorneys for the state pointed out that there were more than 4500 opioid related deaths in between the years of 20072017 alone and they say it's an addiction crisis that was created by an oversupply of these painkillers brought on by misleading marketing attorneys for t

t.v. . show minutes what. kind of. this kind of a scam. it's keep. it. in the case of the pharmaceuticalndustry it's even more difficult for the w.h.o. to maintain its independence than with the tobacco industry on the one hand the dollar is dependent on the pharmaceutical industries for baser to medication but the industry's financial interests mustn't damage the. area health one thing is clear today the pharmaceutical industry is part of the health system just like the government's. politics are losing power and that's also reflected in the financing of the w.h.o. and the 1990 s. all countries froze their membership contributions in the wake of the financial crisis. today u.n. organizations foundations n.g.o.s and industry contribute almost 40 percent of the w.h.o. its annual budget the 2nd largest source of finance right after the usa is the bill and melinda gates foundation. 30 years ago and starting microsoft there was we had a very ambitious vision a computer for everyone. now i join you in seeking to achieve an even more important vision which is good health for everything and bei

t.v. raise prices on many of those generic drugs that we mentioned a few earlier and that the companies were working together to raise these prices on as many drugs as possible so tiva pharmaceuticals usa is mentioned a lot seems to bear the brunt of the complaints in the complaint but it also points out that this game was pervasive an industry wide and as i mentioned earlier a number of executives are also individually mentioned in the lawsuit for this kind of behavior tiva for its part denies these accusations says that it would not engage in this kind of conduct but since that lawsuit was filed last week the new york stock exchange shows tiva stock daniel has dropped more than 15 percent in the israeli drug maker is. one of the world's largest manufacturers of generic medicines and you know when you talk about spur vases and systemic abuses here what was the effect then for consumers on the when they go to the drug counter. well to a great extent some of these prosecutors are saying it's just outright cruel that a lot of these people were paying for medications that were actually helping them and that it was priced out of their reach so t.v. for example criticized last year for