Two days after filing an unprecedented class-action lawsuit against Abbott Laboratories over the increased price of an important AIDS drug, insurance giant Aetna Inc. abruptly dismissed the complaint Thursday. The lawsuit, which had drawn praise and surprise from consumer groups, was filed in U.S. District Court in San Francisco to challenge Abbott's decision in December to raise the price of the AIDS drug ritonavir, known by its brand name as Norvir, by more than 400 percent.
Posted by Editor at June 8, 2004 03:08 PM