Friday, October 12, 2012

Drug Makers' Verdicts Overturned

{Louisville, Kentucky}...Friday, the Kentucky Court of Appeals overturned $30 million in verdicts against Sandoz Inc. and AstraZeneca Pharmaceuticals, sending it back to Franklin Circuit Court with an order to enter judgments for the two companies. The decisions came two years after Kentucky Attorney General Jack Conway won a $16 million decision against Sandoz and a $14.7 million decision against AstraZeneca in a case involving claims that the companies inflated prescription drug prices for Medicaid reimbursements.