New Bill Clears Path For $4 Generics

Law360, New York (January 8, 2007, 12:00 AM EST) -- A Minnesota state representative is seeking to revamp a decades-old pricing law that retail pharmaceutical giants Wal-Mart Stores Inc. and Target Corp. claim prevents them from offering certain generics drugs at $4 in the state.

Rep. Joe Atkins, the new chairman of the state’s House Commerce and Labor Committee, on Friday unveiled his proposal to amend a law that has been painted as an obstacle to the generics program.

Wal-Mart first unveiled its generics discount drug program in September, slashing prices for over 300 generic drugs...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.