A saline solution antitrust lawsuit has been filed against four IV Saline Solution manufacturers accused of purporting a supply shortage to orchestrate and coordinate a price-fixing scheme. Affected parties who directly purchased IV Saline Solution may be able to seek compensation with the help of an antitrust attorney.
If you, your practice, health clinic or hospital purchased IV Saline Solution sold by Baxter International Inc., Baxter Healthcare Corporation, Hospira, Inc., or Hospira Worldwide, Inc., contact Attorney Group to learn more about your options. We offer free, no obligation consultations. We can help answer your questions, and if you choose to pursue a claim we can connect you with an affiliated attorney who can assist you throughout the legal process.
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Claim: Purported Supply Shortage Led to Overwhelming Price Increases
Lawsuits filed in November 2016 claim that several manufacturers conspired to restrict production and artificially manipulate the prices of IV Saline Solution sold in the United States. Plaintiffs are representing persons and entities who directly purchased IV Saline Solution beginning on January 1, 2013. The defendants, Baxter International Inc., Baxter Healthcare Corporation, Hospira, Inc., Hospira Worldwide, Inc., and their affiliates, are accused of orchestrating an unlawful, anticompetitive and collusive output restriction and price-fixing scheme through delivery delays and product recalls. According to one lawsuit, defendants allegedly raised IV Saline Solution prices by between 200 and 300 percent.
After a bipartisan group of U.S. Senators called for an investigation into the defendants’ alleged collusion, it was reported that the price increases had a harmful impact on hospitals and other health care facilities, which cannot function effectively without a proper supply of IV Saline Solution. According to a lawsuit filed on November 3, 2016, “the current IV Saline Solution shortage is expected to be the most expensive drug shortage in history,” prompting doctors, practice groups, health care facilities and hospitals to scramble to find supplies in a limited market reportedly dominated by the defendants.
Affected Parties May be Eligible for a Saline Solution Antitrust Lawsuit
When companies engage in collusion, or otherwise commit deceptive trade practices, they could be liable for any damages that result. In a saline solution antitrust lawsuit, if the allegations of violations of the Sherman Act against the companies are proven, individuals and other entities, including practice groups, health clinics and hospitals may be able to recover the losses they suffered as a result of the defendants’ actions, along with other damages.
Doctors who have purchased saline solution from the named defendants may be eligible to pursue compensation through a saline solution antitrust lawsuit and are encouraged to seek the advice of an experienced attorney to learn more about their rights and remedies
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