Madison Hts., MI - /PRNewswire/ -- Murali Ginjupalli, a pharmacy owner accused of price-price gouging, is working cooperatively with Michigan Attorney General's office to address these issues and has released a statement on the matter.
The statement is in connection with this matter: https://www.michigan.gov/ag/0,4534,7-359-92297_47203-578919--,00.html
From Murali Ginjupalli:
We have worked cooperatively with the Michigan Attorney General's office to resolve this matter, and we are pleased to have reached a voluntary agreement. It's important to note that our pharmacies provided COVID-19 tests at a critical time during the height of the omicron surge. Tests were in short supply at this point, and our pricing reflected that – much in the same way the current surge in gas prices reflects the uncertainty over distribution and availability of fuel. Tests we procured and then sold enabled life to continue, allowing people to go to work, children to attend school and families to gather together – all safely because of available testing.
It's also important to note the AG did not levy any fines in this matter. We are in process of reimbursing two consumers who complained. In the spirit of continued cooperation, we have agreed to limit the prices of test we are selling directly to consumers – although the price of tests has been eroded because of government programs that have finally caught up to demand.