Costco is being accused by generic drug maker Ranbaxy of insisting on an unlawful rebate of as much as $1.3 to get its medications stocked at the giant store chain’s pharmacies. The Ontario College of Pharmacists began its probe after a sales rep for generic drug maker Ranbaxy filed a complaint accusing Costco of squeezing out nearly $1.3 million in unlawful rebates. As described in a Toronto Star story, the heart of the complaint is a secretly recorded phone conversation of a Costco director explaining to a drug company sales rep how much the drug company would have to pay to “greatly reduce the likelihood of somebody eating your business.” Metro News
