"MORE THAN 2,800" PHARMACIES OUT OF BUSINESS SINCE CHICAGO SUIT PARTIAL SETTLEMENT, FOLLOW-ON SUIT MAINTAINS; PHARMACY CLASS SEEKS PRELIMINARY INJUNCTION
Executive Summary
A follow-on suit by pharmacy class plaintiffs against eleven drug manufacturers who agreed to settle the consolidated antitrust lawsuit alleges that "more than 2,800" retail pharmacies have gone out of business as a result of manufacturers' pricing practices since the first partial settlement was signed, in January 1996.