Iowa Attorney General Tom Miller announced today the state has filed a lawsuit against 78 pharmaceutical companies, alleging the companies inflated drug prices for Medicaid patients, costing the state millions of dollars over several years.
Iowa follows the lead of more than 20 states that have filed similar lawsuits seeking to recover money they say was overpaid to drug companies. Texas has recovered more than $55 million so far, Miller said.
“It makes me angry that Iowa taxpayers are forced to pay more to finance record drug industry profits because the defendant drug companies do not honor their obligations under law to deal honestly with the government,” Miller said.
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