BOISE, Idaho (AP) — Idaho will be collecting $2.9 million as part of the latest settlement with two national pharmaceutical companies.
Idaho Attorney General Lawrence Wasden announced Thursday an agreement reached with Pfizer Inc. and Pharmacia Corp.
The agreement stems from a 2007 lawsuit filed by Idaho and other states over allegations the companies were inflating the average wholesale prices of drugs. Idaho and other states alleged the flawed pricing system was causing Medicaid programs to overpay for drugs like Zyrtec and Celebrex.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
