June 24 (Reuters) - Louisiana Attorney General Liz
Murrill said on Tuesday she had filed three separate lawsuits
against CVS for unfair, deceptive and unlawful practices
"that have harmed Louisiana patients, independent pharmacies,
and the public at large."
The state is seeking both injunctive relief and restitution,
Murrill said on a post on social media platform X.
CVS did not immediately respond to a Reuters request for
comment.
In one of the lawsuits, Murrill alleged that CVS' business
practices with independent pharmacies of Louisiana constituted
unfair competition and were in violation of state regulations.
Murrill in another lawsuit claimed that CVS' pharmacy
benefit management unit, CVS Caremark, "controls multiple,
interlocking stages of the pharmaceutical supply and
reimbursement chain - from insurance to drug pricing, to
pharmacy distribution and dispensing."
Pharmacy benefit managers (PBM) serve as intermediaries,
negotiating prescription drug prices with drugmakers on behalf
of employers and health plans. They also often manage pharmacy
networks and operate mail-order pharmacies.
PBMs' business practices have drawn increasing scrutiny in
recent years from U.S. lawmakers looking to lower drug prices,
state attorneys general and from the Federal Trade Commission,
which released a report earlier this year accusing PBMs of
inflating drug costs.
States across the United States have passed laws seeking to
limit PBMs' influence on drug pricing, including in Arkansas,
where a new state law - set to go into effect next year - bars
PBMs from owning retail pharmacies.
CVS and Cigna's ( CI ) Express Scripts filed lawsuits in May
seeking to overturn the Arkansas state law, saying it puts an
unconstitutional restriction on interstate commerce.
(Reporting by Sneha S K in Bengaluru; Editing by Maju Samuel
and Shinjini Ganguli)