Drugmaker AstraZeneca has asked an Alabama judge to nullify a jury verdict that ordered it to pay the state $215 million in damages in a Medicaid drug-price fraud suit. The state's 2005 suit accused the pharma with overcharging Medicaid by inflating drug prices. The jury awarded the judgment in February, but AstraZeneca appealed, saying that the state's attorneys hadn't proved their case, and had also violated a state law capping punitive damages. If the current judge doesn't throw out the verdict, the firm will appeal the judgment to the state's Supreme Court.
To learn more about the case:
- read this Modern Healthcare article [1] (reg. req.)
Related Article:
Drugmakers cut deals in price-inflation lawsuit [2]
Links:
[1] http://modernhealthcare.com/apps/pbcs.dll/article?AID=/20080611/REG/982923796
[2] http://www.fiercepharma.com/story/drugmakers-cut-deals-price-inflation-suit/2007-09-19