Pfizer to pay $9M for Medicaid fraud, with a potential $21B fine to come
Pfizer's Pharmacia unit has been ordered to pay compensation of $9.0 million by a US court over claims that it falsified data in order to overcharge the state of Wisconsin's Medicaid program. The court found Pharmacia guilty of over 1.4 million counts of Medicaid Fraud. A further dispositional hearing may now see the firm paying up to an additional $21.0 billion in forfeitures. The global drug behemoth says it will appeal the ruling.
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