On February 21, 2008, an Alabama jury ruled that AstraZeneca should pay $215 million in damages after reporting false pharmaceutical prices to Medicaid. The Alabama AstraZeneca lawsuit was filed in 2005 by the state Attorney General, who claimed the pharmaceutical company and dozens of other companies inflated prices to Medicaid.

AstraZeneca was told by the jury to pay $40 million in compensatory damages and $175 million in punitive damages.

The company said it will appeal the ruling.

Source: ?Alabama jury tells AstraZeneca to pay $215 million,? Reuters, February 21, 2008 (http://www.reuters.com/article/companyNews/idUSN2150632520080221).