La. Seeks $12B In Avandia Medicaid Fraud Suit

By Ryan Davis (February 16, 2011, 7:03 PM EST) -- In a suit seeking more than $12 billion in damages, Louisiana claims that its Medicaid program paid fraudulently inflated prices for GlaxoSmithKline PLC's diabetes treatment Avandia because the company concealed the drug's serious health risks....

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