Charges include violating anti-trust laws as well as racketeering....BD
BOSTON (Reuters) May 28 - The state of Connecticut sued McKesson Corp on Wednesday on charges that the drug wholesaler violated anti-racketeering laws by conspiring to artificially inflate the wholesale prices used to determine payments by private and public insurance plans.T he suit cites First DataBank as a co-conspirator.
The suit, filed in U.S. District Court in Boston, alleges that McKesson and publishing company First DataBank conspired to expand to 25 percent from 20 percent the difference between the price retailers paid for prescription drugs, known as the wholesale acquisition cost, or WAC, and average wholesale price, or AWP.
This is not the first time McKesson has been sued over the pricing issue. The New England Carpenters Health Benefits Fund sued McKesson and First DataBank in Boston over this issue in 2005. In August, that suit was granted class-action status