October 09, 2007

The Chamber's Southeast Texas Record reports that Arkansas AG Dustin McDaniel has hired Houston-based Bailey Perrin Bailey on a 15 percent contingency to go after AstraZeneca, Eli Lilly and Johnson & Johnson, the makers of Seroquel, Zyprexa and Risperdal respectively, for Medicaid damages arising from alleged mismarketing. The hoped-for damages apparently reach $600 million, though that would seem to assume that all sales of the (powerful and highly useful) psychiatric drugs to state purchasers were illegitimate. Earlier: Oct. 4.