States Sue Drugmakers Over Alleged Generic-Price-Fixing Scheme

Connecticut Attorney General William Tong has a skin condition called rosacea, and he says he takes the antibiotic doxycycline once a day for it.

In 2013, the average market price of doxycycline rose from $20 to $1,829 a year later. That's an increase of over 8,000%.

Tong alleges in a new lawsuit that this kind of price jump is part of an industrywide conspiracy to fix prices.