February 22, 2008 8:42 AM
AstraZeneca PLC must pay Alabama $215 million after a state court ruled the company inflated prices for drugs it sold to the state's Medicaid system.
February 22, 2008 8:38 AM
UK-based pharmaceutical company AstraZeneca Plc (AZN) on Friday confirmed that it intends to appeal yesterday's verdict by a state court jury in Alabama, which awarded the state $215 million in damages after finding that the company overcharged the Alabama State Medicaid Agency on its Medicaid drug price.
February 22, 2008 8:36 AM
A state court jury awarded Alabama $215 million in its Medicaid drug-price fraud suit against an AstraZeneca PLC unit.
February 22, 2008 8:31 AM
A state-court jury awarded Alabama $215 million in its Medicaid drug-price-fraud suit against an AstraZeneca PLC unit.
February 22, 2008 8:27 AM
AstraZeneca Plc said on Thursday it would appeal a jury ruling that it pay $215 million in damages, in an Alabama lawsuit related to drug pricing under the Medicaid health program for the needy.
February 21, 2008 3:59 PM
MONTGOMERY - The jury in the Medicaid pharmaceutical fraud trial in Montgomery just moments ago found in favor of Alabama and recommended compensatory damages of $40 million and punitive damages of $175 million.
February 21, 2008 3:56 PM
A state court jury awarded Alabama $215 million Thursday in its Medicaid drug price fraud suit against drugmaker AstraZeneca Pharmaceuticals LP.
The circuit court jury said the subsidiary of Britain's AstraZeneca PLC must pay $40 million in compensatory damages and $175 million in punitive damages.
February 21, 2008 3:50 PM
MONTGOMERY, Ala. (AP) — A state court jury has awarded Alabama $215 million in its Medicaid drug price fraud suit against a British pharmaceutical firm.
February 21, 2008 3:48 PM
MONTGOMERY — The jury in the Medicaid pharmaceutical fraud trial in Montgomery just moments ago found in favor of Alabama and recommended compensatory damages of $40 million and punitive damages of $175 million.
The verdict was against AstraZeneca Corp., a drug manufacturer the state sued along with about 75 other drug manufacturers, alleging they overcharged Alabama’s Medicaid program for prescription drugs.
February 21, 2008 3:17 PM
The jury is out in the Medicaid pharmaceutical fraud trial in Montgomery, with the attorney for the state asking for $39 million in compensatory damages and between $140 million and $250 million in punitive damages.