Alabama lawyer claims Sandoz should pay $170M for overcharging state Medicaid
A US lawyer based in Alabama has filed a lawsuit claiming payments of up to $170.0 million from Sandoz, the generics arm of Swiss drug major Novartis, on the basis that its Medicaid reimbusement prices in the state are too high. Jere Beasley argues that the firm has been overcharging the health care insurer for more than a decade. A lawyer for Sandoz retorted by saying that the firm had, in fact, saved the state millions of dollars by selling low-cost generic versions of popular drugs.
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