Wednesday, October 01, 2003

From the St. Paul (MN) Pioneer Press:
Hatch files suit against drug giant
Minnesota Attorney General Mike Hatch filed a lawsuit Tuesday against GlaxoSmithKline claiming the pharmaceutical company is spearheading an industry-wide conspiracy to stop Minnesotans from buying less-expensive drugs in Canada.

The first-of-its-kind lawsuit would require the company to make available documents that Hatch says could show it is conspiring with other drug companies to fight efforts to curtail skyrocketing prices in the United States.

From the Gloucester County (NJ) Times:
Governor won't back plan to import Canada medicine
Gov. James E. McGreevey on Tuesday declined to endorse any plan that would have New Jersey state agencies re-import low-cost medications from Canada and reduce state spending on prescription drugs.

From the Boston Globe:
Springfield Retirement Board cautious on divestiture
Representatives of city retirees responded cautiously yesterday when Mayor Michael Albano, who is making a precedent-setting attempt to import lower-cost Canadian drugs for city workers, asked the Retirement Board to rid its investment portfolio of pharmaceutical stocks.

From Reuters:
Lilly: Antidepressant Needs No New Trials
Eli Lilly and Co. said on Wednesday its experimental anti-depressant Cymbalta will not need to undergo new trials, raising chances of a speedy regulatory approval of the medicine.

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