Pharmacies Appeal AWP Class Action Settlement

Law360, New York (September 3, 2009, 5:14 PM EDT) -- Representatives of the pharmacy industry are objecting to recent settlements in average wholesale price litigation against drug pricing publishers First DataBank Inc. and Medi-Span, claiming the deal will cost pharmacies $68 million a year in Medicaid reimbursements.

The National Association of Chain Drug Stores and the Food Marketing Institute were among several groups that filed notice Friday of their appeals to the U.S. Court of Appeals for the First Circuit, claiming the decision to reduce the average wholesale drug price for certain prescription drugs could cause...
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