We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

BMS, AstraZeneca Pay AWP Plaintiffs Double Damages

Law360 (November 6, 2007, 12:00 AM EST) -- A federal judge has ordered AstraZeneca and Bristol-Myers Squibb to pay Massachusetts plaintiffs in the average wholesale drug price multidistrict litigation $12.9 million and $695,594, respectively, doubling the damages requested after finding that the drug companies knowingly and willfully inflated the average wholesale prices for specific drugs.

On Thursday, Judge Patti B. Saris of the U.S. District Court for the District of Massachusetts awarded damages to two classes of plaintiffs in the multidistrict litigation, both of which represent Massachusetts-based third-party payors of medical insurance. Judge Saris...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.