Illinois AG files overcharging suit against major drug makers Chris Buell at 3:00 PM ET
[JURIST] Illinois Attorney General Lisa Madigan [official website] filed suit Tuesday against 48 drug manufacturers, alleging fraud that cost Illinois residents hundreds of millions in a lawsuit similar to those filed by 19 other states. The drug companies, which include Pfizer, GlaxoSmithKline, Merck and Johnson & Johnson, have been accused of publishing wholesale prices higher than those it actually charged, allowing health care companies to be compensated by the government for the listed prices. Madigan's office has a press release on the suit. Reuters has more.
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