Posted April 6, 2017 4:39 pm by Comments

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City officials today filed a federal lawsuit against a pharmaceutical company they say cornered the market of a specialty drug and then jacked up the prices, forcing the city to pay exorbitant amounts to treat babies suffering from a rare seizure disorder.

The drug wound up costing taxpayers an estimated $500,000 to treat two infants. Rockford is suing to recover those “inflated drug payments,” asking a judge to force the pharmaceutical to set a “fair and reasonable price” for the drug and to provide compensation for Rockford and other insurers.

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