20 Feb Pfizer unit overcharged Wisconsin Medicaid, to pay damages
Pharmacia, a company bought by Pfizer in 2003 was found by a jury to have illegally overcharged Wisconsin’s Medicaid program and could face $144 million in penalties the state’s attorney general said.
A Dane County jury in Madison, Wisconsin found that Pharmacia should pay $7 million to compensate the state for its monetary losses in defrauding the state’s Medicaid program and $2 million for violating consumer protection laws. Attorney General J. B. Van Hollen said a hearing to determine the amount of forfeitures hasn’t been scheduled as yet.
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