Pfizer fined $9M for alleged fraud in Wisconsin
Pharma Compliance Alert, February 25, 2009
A jury found Pfizer’s Pharmacia unit guilty of fraud for overcharging Wisconsin’s state Medicaid program by reporting inflated and fraudulent prices, according to a Wisconsin Department of Justice release.
Pharmacia violated Medicaid and consumer fraud laws and should pay the state $9 million, according to the jury. Of that amount, $7 million will compensate the state for monetary losses due to Medicaid fraud and the remaining $2 million is for violating the state’s consumer protection laws.
Read more about Pfizer’s legal problems in Wisconsin.
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