It appears as though more abuse in the pharmaceutical industry is brought to light as two former executives from Heritage Pharmaceuticals Inc. are charged with conspiring to fix prices.
Former chief executive and former president of Heritage were said to be conspiring with competitors to fix prices of drugs used to treat diabetes. In the process, these two individuals profited from those who were sick and in need of the antibiotic doxycycline hyclate and glyburide.
The complete disregard for the best interest of the general public appears to be catching up with those who help to create abuse in the health care system.
It is said best by Bernie Sanders, who was quoted in a recent article from The Wall Street Journal:
“At a time when one out of five Americans cannot afford the medication they need, we must do everything we can to end the greed and illegal behavior of the drugmakers”
As the investigation continues, it appears as though these executives are expected to receive more than a slap on their wrists for this despicable act. For more information on this topic, please refer the article, Two Former Heritage Executives Charged With Generic Drug Price-Fixing, from The Wall Street Journal.