A state court jury awarded Alabama $215 million Thursday in its Medicaid drug price fraud suit against AstraZeneca Pharmaceuticals. The circuit court jury said the subsidiary of Britain's AstraZeneca must pay $40 million in compensatory damages and $175 million in punitive damages. The state claimed the company made Alabama's Medicaid system pay too much for drugs prescribed to its patients by inflating prices over a 15-year period. AstraZeneca said it plans to appeal.
February 25, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
A state court jury awarded Alabama $215 million Thursday in its Medicaid drug price fraud suit against AstraZeneca Pharmaceuticals.
The circuit court jury said the subsidiary of Britain’s AstraZeneca must pay $40 million in compensatory damages and $175 million in punitive damages.
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