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June 25, 2007
Traction for drug-price class action
Plaintiffs, represented by Hagens Berman, win what looks like a big one in Boston. Federal judge Patti Saris ruled that pharmaceutical companies AstraZeneca, Schering-Plough and Bristol-Myers Squibb engaged in unfair and deceptive trade practices in the setting of Average Wholesale Prices (AWPs) used as a benchmark for reimbursments; the judge ruled that Johnson & Johnson had not violated the law. Earlier: Mar. 20, Feb. 12, etc.
Posted by Walter Olson at 12:12 AM
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