Drug Companies Ordered to Pay for Defrauding Medicaid

A St. Louis jury has ordered three pharmaceutical companies to pay at least $7.3 million for overcharging Medicaid for prescription drugs. Jurors found that Warrick Pharmaceutical, Schering Corp. and Schering-Plough Corp. encouraged pharmacies and other healthcare providers to purchase drugs above the average wholesale price. Jurors returned to deliberations Thursday to consider punitive damages.

You can read more HERE. Worth noting, Schering-Plough Corp. has agreed to pay $31 million to settle a suit alleging that its generics subsidiary, Warrick Pharmaceuticals Corp., inflated prices in a way that cost Missouri taxpayers millions of dollars. The settlement is the largest amount the Missouri has ever obtained in a legal case against a pharmaceutical company, said Attorney General Jay Nixon, who filed the lawsuit in 2005.

If you believe you have been injured as a result of taking any pharmaceutical drug, including Byetta, Chantix, Traysol, Digitek, or Celebrex, click HERE.

The law firm of Glassman, Edwards, Wade & Wyatt, and attorneys Tim Edwards and Ed Wallis, are providing free case evaluations about your injuries. Please call (901) 527-4673 and ask to speak to Tim Edwards or Ed Wallis today. You can also email us by clicking HERE.