Wednesday, January 27, 2010

Franklin Co. judge awards $5.3 million in penalties against AstraZeneca

Franklin Circuit Court Judge Roger Crittenden has awarded $5.3 million in civil penalties against the pharmaceutical company AstraZeneca for violating Kentucky's Consumer Protection Act.

In October 2009, a jury handed down at $14.7 million verdict against AstraZeneca for defrauding the Medicaid program and Kentucky consumers by inflating the prices of their prescription drugs.

Crittenden found 5,391 violations of the Kentucky Consumer Protection Act and awarded $1,000 per violation for a total civil penalty of $5,391,000.

Posted via web from Jack's posterous

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