Mylan, a generic-drug maker, agreed to pay $65 million to settle a lawsuit by the federal and Texas governments asserting that the company had inflated prescription drug prices, increasing the cost of reimbursing pharmacies and other providers. The company admitted no wrongdoing in agreeing to the payment. Since 2003, Mylan has been sued by 18 states making similar allegations, according to the company’s 2009 annual report. Last year, Mylan, AstraZeneca and Johnson & Johnson agreed to pay $124 million to settle claims they violated laws by underpaying Medicaid rebates, the Justice Department said.
via nytimes.com
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