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Dr Rath Newsletter

Dr Rath's Health Foundation

Wed, 7 May 2003 08:49:07 +0000 (GMT)

 

New York State Attorney General Eliot Spitzer has filed a complaint in the

Supreme Court against drug company GlaxoSmithKline for repeated and persistent

fraud and deception over pricing of its drugs.

 

New York State v GlaxoSmithKline

 

On February 13th, 2003 New York State Attorney General Eliot Spitzer filed a

complaint in the Supreme Court of the State of New York against GlaxoSmithKline

(GSK) for making fraudulent and deceptive misrepresentations that conceal the

true average wholesale price of its drugs from consumers, Government agencies

and drug price reporting services.

 

US Government health plans such as Medicare, Medicaid and EPIC (Elderly

Pharmaceutical Insurance Coverage Program) base reimbursement for covered drugs

in large measure on the average wholesale price. Consumers pay a coinsurance or

co-payment for drugs reimbursed by Medicare, Medicaid and EPIC.

 

As a result of GSK’s misrepresentations, doctors and other healthcare providers

are improperly induced to prescribe GSK’s drugs and government payers and

consumers, including the elderly and the catastrophically ill, pay artificially

inflated sums for chemotherapy and other drugs.

 

The Attorney General of the State of New York has brought this action to stop

GSK’s 'illegal and deceptive actions' and to 'obtain restitution for the

consumers and state government agencies defrauded by GSK.'

 

A copy of the Complaint in PDF format is attached.

 

> ATTACHMENT part 2 {application/pdf} name=attachments/nyglaxo21303cmp.pdf

 

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