Ariz., Drugmakers Settle Fraud Claims In AWP Suit

Law360, New York (June 26, 2009, 12:00 AM EDT) -- The state of Arizona has settled fraud claims against a host of drug companies — including Abbott Laboratories Inc., Baxter International Inc., Bayer Corp. and Aventis Pharmaceuticals Inc. — in multidistrict litigation alleging many pharmaceutical industry players schemed to artificially boost drug prices.

Arizona reached settlements with almost all the defendants remaining in its case against the drug companies, it said in a motion for dismissal with prejudice filed Thursday in the U.S. District Court for the District of Massachusetts. The terms of the settlement were...
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