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Pennsylvania Attorney General: Nearly $52 million in damages and penalties awarded in Attorney General's drug pricing case against Johnson & Johnson

( December 21, 2010, 12:06 GMT | Official Statement) -- MLex Summary: Tom Corbett, Attorney General of Pennsylvania state has announced that Johnson & Johnson has been fined 52 million dollars in damages and civil penalties for manipulating average wholesale prices of its drugs in order to increase sales and profits. HARRISBURG - Attorney General Tom Corbett announced that New Jersey-based Johnson & Johnson, Inc. has been found liable to Pennsylvania for nearly $52 million in damages and civil penalties for falsely reporting the prices of its drugs. Commonwealth Court Judge Robin Simpson rendered the verdict on December 7, 2010, following a five-week trial in Easton, Pennsylvania....

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