Kentucky Gets $16 million Judgment From Sandoz
Thu, 06/25/2009 - 4:25am
FRANKFORT, Ky. (AP) — Kentucky Attorney General Jack Conway says a Franklin County jury has handed down a $16 million judgment against Sandoz, the generic-drugs division of pharmaceutical giant Novartis. Conway said Wednesday's judgment was from a lawsuit claiming the company had defrauded the Medicaid program and Kentucky consumers by inflating the prices of prescription drugs. Conway said his office has filed lawsuits against 47 of the nation's pharmaceutical makers claiming they have defrauded Medicaid, violated consumer protection laws and engaged in false and deceptive advertising. Before Wednesday's jury verdict, the attorney general's office had settled cases with four other drug companies for more than $14 million.