Teva Nuked

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Most of us would agree that there are few industries as despicable as pharmaceuticals. Price-gouging, price-fixing, collusion, bribes, you name it. They try to put a halo around their heads in the name of “helping” people, but there’s no entity more devious.

Heartening, then, it was to see virtually every state in the U.S. join a federal lawsuit slamming generic pharma companies – – and their senior executives!!! – – for price fixing. As the general population begins to suffer in the years ahead, the “Revenge Society” is going to amplify and spread out. This is a taste of what is it come. I’d say TEVA is hosed at this point.