- Associated Press - Thursday, May 26, 2016

JACKSON, Miss. (AP) - The Mississippi Supreme Court is standing by its decision to uphold a $30 million judgment for the state in a Medicaid drug-pricing lawsuit.

A Rankin County chancery judge ruled in 2011 that the pharmaceutical company Sandoz inflated the average wholesale prices for generic drugs.

Attorney General Jim Hood says the inflated prices caused Mississippi Medicaid to lose money by paying pharmacies too much.

Sandoz attorneys argued that the company reported accurate prices and Sandoz saved the Mississippi Medicaid program millions by providing less expensive generic drugs.

The company also argued Hood brought the lawsuit under Mississippi’s Consumer Protection Act but proved no harm to consumers or fraud by the company.

The state Supreme Court said Thursday that it won’t reconsider its earlier decision to uphold the chancery court ruling.

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This story has been corrected to show the judgment was for $30 million.

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