(AP) - The Alabama Supreme Court has thrown out
jury decisions awarding the state more than $274 million from three
pharmaceutical companies.
The court on Friday overturned verdicts against the drugmakers
AstraZeneca PLC, Novartis AG and GlaxoSmithKline PLC
The state had accused the drug companies of manipulating prices
and causing Alabama's Medicaid program to pay too much for
prescription drugs for Medicaid recipients.
The court ruled 8-1 to overturn the verdicts. More than 70
lawsuits were filed in 2005 by the state against drug companies.
The state has settled its lawsuits against 16 of the drug
manufacturers for more than $124 million.
NewsNews
Alabama Court Rejects Verdicts In Drug Price Cases
The Alabama Supreme Court has thrown outjury decisions awarding the state more than $274 million from threepharmaceutical companies.
By:
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WKRG-TV
Published: October 16, 2009
Published: October 16, 2009
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