Posted by AzBlueMeanie:
Here is a news item from the past week that, as far as I can find, was not reported in any of the major newspapers in Arizona - with the exception of the online Arizona Guardian (subscription required). Curious...
Goddard announces $900,000 settlement over inflated drug prices
WEDNESDAY, 23 SEPTEMBER 2009 12:25
(Phoenix, Ariz. -- Sept. 23, 2009) Attorney General Terry Goddard today announced a $900,000 settlement with Bristol-Meyers Squibb (BMS) over allegations that the pharmaceutical company set fraudulently inflated prices for certain drugs purchased by consumers, insurers and other payers.
Goddard filed a lawsuit in 2005 against 42 pharmaceutical companies, alleging that they engaged in deceptive trade practices by manipulating the Average Wholesale Price (AWP) of their prescription drugs, causing buyers to overpay.