Issues

Issues

Sue Big Pharma for Fraud and Illegal Drug Pricing

Sue Big Pharma for Fraud and Illegal Drug Pricing

Sue Big Pharma for Fraud and Illegal Drug Pricing

We are facing a national public health crisis driven by the deceptive practices and aggressive marketing of addictive and dangerous opioids. New York, and the Attorney General’s office specifically, must take the lead to abate this deadly crisis.

Abatement will require major funding — for treatment programs, live-saving intervention services, and more — and counties and municipalities are being crushed by the costs of the crisis, both human and financial. The big pharmaceutical companies that profited grossly off this misery must be held to account, and to fund the recovery.

This is perhaps the most abusive, egregious scandal in the history of the pharmaceutical industry, where deceptive marketing converted a niche opioid painkilling drug into one of the most widely used prescription drugs in the country. Pharmaceutical companies convinced the medical community to overuse these dangerous drugs, whose efficacy is to treat chronic pain is highly questionable, putting everyone prescribed at risk of opioid addiction.

Drug prices generally are out of control, and the costs are passed on to New Yorkers. Antitrust violations like illegal price-fixing have led to rising co-pays and crucial medicine being unaffordable.

Investigators must not be fearful of taking on too big to fail pharmaceutical giants. If they are too big to fail, they are too big to do business.

My office will use the full extent of its legal powers, including the Donnelly Act, to stop consolidation in the market and prevent pricing abuses by the industry.