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Posted: 10:53 PM Aug 31, 2006
Kansas Gets $2 Million in Drug Settlement
Kansas will receive more than $2 million in a settlement involving drug company Schering-Plough Corporation. Reporter: AP |
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Kansas will receive more than $2 million in a settlement involving a drug company. Schering-Plough Corporation is paying a total of $255 million
to state and federal governments to settle alleged violations of the way it priced and sold certain drugs.
Attorney General Phill Kline says $888,000 will go directly to Kansas, and the rest will go to the federal government to repay Medicaid costs.
It's the latest in a series of lawsuits filed against pharmaceutical companies by the federal government and states. Generally, the lawsuits allege the drug makers illegally inflated the cost of drugs sold to the Medicaid program.
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