This blog tracks aging and disability news. Legislative information is provided via GovTrack.us.
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Thursday, July 3, 2008
Jury rules for Alabama, awards $114M against 2 drug firms in Medicaid price fraud case
By BOB JOHNSON , Associated Press
A state court jury on Tuesday found two major pharmaceutical companies defrauded Alabama in a long-running Medicaid drug pricing scheme and ordered the firms to pay more than $114 million in damages.
The jury found that GlaxoSmithKline should pay the state $80.8 million in compensatory damages and that Novartis should pay about $33.7 million in similar damages. But it declined to order any punitive damages.
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