Beshear Goes After Drug Companies For Alleged Price Inflation

May 13, 2019

Kentucky’s top lawyer is taking nearly two dozen drug manufacturers to court on charges that they inflated prescription drug prices. 

Credit Josh James / WUKY

Attorney General Andy Beshear announced suits against three insulin makers, including Eli-Lily and Novo Nordisk, arguing they the three defendants boosted insulin prices at least 10 times in the last decade while the cost of manufacturing insulin remained low.

He’s also joining a whopping 43 attorneys general in a federal suit alleging Teva Pharmaceuticals and 19 other drug companies inflated generic drug prices.

"The drugs include tablets, creams, beta-blockers, antibiotics, anti-depressants, and anti-inflammatory drugs among others," Beshear said. "As a result of this alleged conduct, some drug prices were increased as much as 1,000 percent." 

Beshear has made many his court challenges against drug companies a selling point in his campaign for governor. The Democrat is running against former Auditor Adam Edelen, House Minority Leader Rocky Adkins, and frequent candidate Geoff Young.