UPDATE: Wisconsin Supreme Court Upholds Damages In Drug Lawsuit

UPDATED Friday, June 22, 2012 --- 8:55 a.m.

MADISON, Wis. (AP) -- The Wisconsin Supreme Court has upheld damages that were awarded in a lawsuit the state brought against a prescription drug company accused of inflating prices.

The lawsuit dates back to 2004 when then-Attorney General Peg Lautenschlager sued 36 drug companies alleging they inflated wholesale prices to get larger payments from Medicaid, private insurers and consumers.

One of those companies, Pharmacia, Inc., appealed a jury verdict that the company violated state law.

The Supreme Court on Friday only ruled on three issues in the case and left the rest for the appeals court to determine later.

The Supreme Court says $9 million was an appropriate amount of damages even though Pharmacia wanted it lowered and it upheld the number of violations against the company that resulted in another $4.5 million penalty.

Copyright 2012. The Associated Press.

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Posted Friday, June 22, 2012 --- 8:10 a.m.

MADISON, Wis. (AP) -- The Wisconsin Supreme Court is set to rule in a case accusing a prescription drug company of inflating prices.

The lawsuit dates back to 2004 when then-Attorney General Peg Lautenschlager sued 36 drug companies alleging they inflated wholesale prices to get larger payments from Medicaid, private insurers and consumers.

One of those companies, Pharmacia, Inc., has appealed a jury verdict that the company violated state law. State attorneys have challenged a court order that reduced the number of violations from the jury's calculations.

An appeals court last year sent the case directly to the Supreme Court saying a ruling will set precedent for pending cases and the high court can provide the most definitive resolution.

Copyright 2012. The Associated Press.


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