| ||||||||||
 
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... 
|
AG Conway: $16 Million dollar judgment against Sandoz From the office of KY AG Jack Conway Attorney General Jack Conway today announced that a Franklin Circuit Court jury has handed down a $16 million judgment against Sandoz, the generic-drugs division of pharmaceutical giant Novartis, for defrauding the Medicaid program and Kentucky consumers by inflating the prices of their prescription drugs. The Kentucky Medicaid program relies on published average wholesale prices (AWPs) to calculate Medicaid drug-reimbursement rates. During the trial, the Commonwealth showed that Sandoz published significantly inflated AWPs for its drugs that bore no relationship to any prices that Sandoz actually charged its customers. In some cases the published AWP price was 70 times greater than the actual price. "I appreciate the jury's careful consideration of this matter and am pleased that we have been able to recover money for the Medicaid program and for Kentucky taxpayers," said General Conway. "My office is committed to putting an end to this type of deception and ensuring that drug companies truthfully report their drug prices." The Office of the Attorney General has filed suit against 47 of the nation's pharmaceutical manufacturers alleging that the drug companies violated Kentucky's Medicaid Fraud and Consumer Protection statutes and engaged in false and deceptive advertising. Prior to today's judgment, the Attorney General's Office had settled cases with Amgen for $2.4 million, Immunex for $145,000, Bristol-Meyers Squibb for $10 million and Baxter Healthcare Corporation for $2 million. This story was posted on 2009-06-24 20:05:19
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Four ACES students win Claypool Art & Writing winners Ellis Pickett's first shop was across from Simon Finn Store COMMENT: Good day to experience Urban Heat Island Gov. Beshear recognizes sacrifice of KY native Letter: Web Address for Adair Garden Club Shaggy Dog is found. Injured, but recovery is underway LWC signs three from ACHS to cheerleading program MS Walk is September 12, 2009, at Christian Life Center Overcorrection factor in 2-truck US 127, Clinton Co., KY collision Jack R/Chihuahua mix missing from Bull Run Road home View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
 Provided by the Adair Co Fiscal Court and the Adair Co. Emergency Mgt. Agency 
|
||||||||
|
| ||||||||||
|
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
|
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
| ||||||||||
