Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Arizona Sues Mckesson Alleging It Inflated Drug Prices

Don't Miss Out —
Follow us on:

Sept. 19 (Bloomberg) -- McKesson Corp., the largest U.S. drug distributor, was accused by Arizona in a lawsuit of artificially inflating prices for 400 medicines including Allegra, Celebrex, Lipitor and Flonase.

Arizona Attorney General Tom Horne said in an e-mail that the practice cost consumers millions of dollars. In a complaint that Horne said was filed Sept. 14 in state court, Arizona said McKesson raised the spread between published average drug wholesale prices and actual acquisition costs to increase its pharmacy clients’ profits. Those costs were passed along to third-party payors and consumers, Horne said.

The state seeks fines of $10,000 per violation of consumer protection laws and restitution. The filing couldn’t be independently confirmed in court records.

Kris Fortner, a spokesman for San Francisco-based McKesson, didn’t immediately respond to a voice-mail message seeking comment on the lawsuit.

In July, McKesson reached a $151 million settlement with states over claims it caused Medicaid programs to pay too much for prescription drugs.

The case is Arizona v. McKesson, Maricopa County Superior Court.

To contact the reporter on this story: Karen Gullo in San Francisco at kgullo@bloomberg.net.

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.