Thursday, November 11, 2010

Hawaii sues 2 firms over alleged prescription drug price gouging - Staradvertiser.com

The state filed a lawsuit this morning against a pharmaceutical drug wholesaler and a company that listed drug prices, alleging that they helped inflate the cost of prescription drugs that gouged the state Medicaid program of millions of dollars.

The suit by the Attorney General’s Office is a followup to its earlier lawsuit against more than 40 pharmaceutical drug manufacturers that recovered more than $82 million in out-of-court settlements for the state and the federal government.

The Circuit Court lawsuit is against McKesson Corporation, wholesaler of the drugs, and First DataBank Inc., which compiled prices that the state used in paying for the prescription drugs.

“We are bringing this second phase of this litigation as part of an ongoing effort to recover overcharges and restore transparency and fairness,” Attorney General Mark Bennett said.

Posted via email from Jack's posterous

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