Ala. Scores $89M In Drug Co. Medicaid Fraud Case

Law360, New York (May 22, 2009, 12:00 AM EDT) -- The state of Alabama has struck an $89 million deal with six major drugmakers accused of overcharging the Alabama Medicaid Agency, including Sanofi-Aventis and Abbott Laboratories, in ongoing litigation alleging dozens of pharmaceutical companies artificially inflated their prices.

On Friday, Attorney General Troy King announced the settlement with six drugmakers: Abbott Laboratories, Teva Pharmaceuticals USA Inc., Sanofi-Aventis, Schering-Plough Corp., Forest Laboratories Inc. and Baxter International Inc.

The attorney general's office wouldn't release the amount each company paid into the settlement. An Abbott representative didn't immediately respond...
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