- Associated Press - Wednesday, June 17, 2015

JACKSON, Miss. (AP) - The Mississippi Supreme Court is being asked to reverse a $38.2 million judgment for the state in a Medicaid drug-pricing lawsuit.

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

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

The Supreme Court is scheduled to hear arguments in the case on June 29.

Sandoz attorneys argue in briefs 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.

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