NCPA urges judge to review amended settlement in First DataBank suit

July 2, 2008

The National Community Pharmacists Association objects to the new settlement proposed in the suit against First DataBank.

The National Community Pharmacists Association has sent a letter to Judge Patti Saris, objecting to the new settlement proposed in the suit against First DataBank (FDB) over average wholesale price. The letter stated, "This settlement permits the sole wrongdoer, FDB, to relieve itself of liability for a mere $1 million payment to the Settlement Fund, while placing the burden of any settlement on pharmacies and consumers. We urge the Court to not approve a settlement that creates more problems than it solves." The suit was filed by the New England Carpenters Health Benefit Fund et al. It charged that FDB and McKesson conspired to inflate AWP for medications. NCPA urged the Court to review the suitability of the amended settlement before issuing a new decision.

To see more Daily News articles, click here.

To go to the Drug Topics homepage, clickhere.