Gilead Sciences has agreed to a $246.75 million nationwide class action lawsuit settlement after accusations that it made direct purchasers of HIV drugs such as Truvada, Atripa and their generic equivalents pay too much for the drugs.
The lawsuit is intended to bring relief to wholesale drug retailers, who had to push the allegedly inflated costs for the HIV drugs on to consumers. The lawsuit alleged that Gilead conspired to delay the manufacturing of generic competition for its HIV drugs and then charged prices that were higher than competitive.
Gilead is a biopharmaceutical company known for not only its HIV drugs but also hepatitis, flu and COVID-19 drugs. The settlement class includes wholesale drug retailers that raise their prices, along with manufacturer prices rising.
Direct purchasers can take part in the settlement by submitting a form. If too many direct purchasers in the proposed class opt out, the $246.75 million settlement fund could be reduced, the settlement filing states.
Truvada, Atripla HIV Drugs Direct Purchasers Class Action Lawsuit
- Who’s Eligible:
- Entities that purchased Truvada, Atripla or their generic equivalents directly from a brand or generic manufacturer between Feb. 1, 2018, and Sept. 27, 2022.
- Estimated Amount: TBD
- Proof of Purchase:
- Direct purchasers will need to confirm purchase information on the settlement form and can request corrections.
- Claim Form Deadline: 01/01/2024
- Case Name & Number:
- KPH Healthcare Services Inc. a/k/a Kinney Drugs Inc. v. Gilead Sciences Inc., et al., Case No. 3:20-cv-06961-EMC in the U.S. District Court for the Northern District of California, San Francisco Division
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
The post Truvada, Atripla HIV Drugs Direct Purchasers Class Action Lawsuit appeared first on Hustler Money Blog.