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PBMs, Drug Companies File Briefs to Support Dismissal of Insulin Price-Fixing Scheme Allegations lawstreetmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawstreetmedia.com Daily Mail and Mail on Sunday newspapers.
Plaintiffs Oppose Dismissal in Suit Alleging Insulin Price-Fixing Scheme March 16, 2021 Calling the defendants’ claims supporting their motions to dismiss “throw away” arguments, the plaintiffs in a class-action alleging that multiple pharmacy benefit managers (PBMs) and drug manufacturers have been operating a kickback and insulin price-fixing scheme filed an opposition to the motions Monday in the District of Delaware. Plaintiffs FWK Holdings LLC and Professional Drug Company Inc. are the lead plaintiffs in the Nov. 6, 2020, first amended complaint (FAC) of a suit claiming that one group of defendants, the PBMs which include CVS Health Corporation, UnitedHealth Group Inc., and Optum Inc., among others solicited kickbacks from the manufacturer defendants Eli Lilly and Company, Sanofi-Aventis U.S. LLC, and Novo Nordisk Inc. who paid the PBMs to include insulin drugs Levemir, NovoLog, Lantus, and Humalog on health plan providers’ “formularies.” The ....