Supply Chain Council of European Union | Scceu.org
Distribution

McKesson Beats Investor Suit Over Generic Drug Price Fixing

McKesson Corp.’s former leadership doesn’t have to face a shareholder lawsuit over the drug distributor’s alleged role in the nationwide generic drug price-fixing scandal, a San Francisco federal judge ruled Tuesday.

The derivative suit didn’t establish any wrongdoing by the company’s directors or top executives, and the plaintiff failed to demand an internal investigation before filing it, Judge Charles R. Breyer said.

McKesson, one of the “big three” U.S. pharmaceutical wholesalers, has been drawn into multiple lawsuits and investigations that primarily blame top drugmakers for the alleged industry-wide scheme. But it hasn’t faced any criminal charges or civil enforcement suits,…

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