Sen­a­tors ac­cuse Te­va, My­lan of stonewalling price fix­ing probe; Myr­i­ad Ge­net­ics shares skid on dis­mal quar­ter­ly re­sults

→ US law­mak­ers have writ­ten to Te­va $TE­VA, My­lan $MYL and pri­vate­ly-held Her­itage Phar­ma­ceu­ti­cals ask­ing for doc­u­ments as part of a sweep­ing con­gres­sion­al probe in­to gener­ic drug price hikes, ac­cus­ing the com­pa­nies of “ap­par­ent ef­forts to stonewall” the in­ves­ti­ga­tion, Reuters re­port­ed. The probe was first launched in 2014, and ear­li­er this year 44 US states filed a law­suit al­leg­ing drug price-fix­ing by the trio of drug­mak­ers. Now, sen­a­tors Eli­jah Cum­mings and Bernie Sanders are in­ves­ti­gat­ing a pur­port­ed “co­or­di­nat­ed ob­struc­tion” of the probe, cit­ed in the State’s com­plaint, the re­port said.

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