San Francisco sues massive drug wholesaler
Close readers of the Bay Guardian might remember that back in October of 2006, we caught up with a story involving the McKesson Corp., one of the world’s largest wholesalers of prescription drugs based in San Francisco, and a little-known publishing house called First DataBank, located in San Bruno and one of the few publishers of prescription drug prices in the United States.
First DataBank is owned the Hearst Corp., parent of the San Francisco Chronicle. We followed up with a few more versions of the story, but beyond the Wall Street Journal, which broke the first major story about the relationship between the companies as a lawsuit on the East Coast alleging a conspiracy to artificially inflate drug prices winded its way through the courts, almost no one has bothered to report on the subject.
It took the Chronicle’s business section weeks after our stories ran to publish anything on the suit even though the Journal led with the story on its front page when it first went public.
Probably within hours from now, however, you should expect to see more about McKesson and First DataBank at SFGate.com with a new attitude from the Chronicle about the two companies.
That’s because San Francisco’s city attorney announced today that we’ll be the first government entity to sue McKesson for the alleged price inflations in a federal court in Boston where the other suits were filed. The stories we wrote focused on labor unions there that extended drug benefits to their rank-and-file and whose attorneys obtained internal communications from McKesson and First DataBank employees that purportedly showed how the companies celebrated the success of the alleged price-fixing scheme. In San Francisco's suit, First DataBank is not listed as a defendant, but the city attorney describes the company as "an unnamed co-conspirator."
Despite McKesson’s global reach and headquarters being located here in the city, we’ve always been blown away that the local press has spent so little time reporting on them. We’ll post more info as we gather it.
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Comments (2)
John Mc Cain and Barach H. Oboma are staying away from the number one issue: When are we going to start drilling for oil in all of the choice locations in our own country? Is there any reason not to, or are our politicians just plain stupid? Their excuses that it would take years to get started
is getting a bit old. It seems to me that if John Mc Cain or Barach Oboma can't or won't get off their backsides and change their negative opinions of our country being self reliant for its oil needs then perhaps neither of these politicians is suited to run our government.
What are the real reasons for a big percentage our countries economy being siphoned off to middle eastern oil concerns or are we just plain stupid to keep listening to their insipid arguments that all is hopeless and that we are responsible for this. In fact we are for electing politicians with no gumption or reasoning powers to determine what is best for our great country. All of their talk is meant to get them into office so that their party can get more jobs for their own elk. They don't give a damn about our great country which is founded on free enterprise-not political hacks that put their ambitions ahead of our country needs.
Posted by James D. | July 7, 2008 04:41 PM
hey if you or anyone you know is addicted to drugscall Narconon today
Posted by amyn | September 29, 2009 02:18 PM