Aventis To Pay $96M To End Medicaid Rebate Probe

Law360, New York (May 28, 2009, 12:00 AM EDT) -- Aventis Pharmaceutical Inc. has agreed to pay $95.5 million to settle allegations that the drugmaker violated federal law by misreporting nasal spray prices in order to reduce its Medicaid rebate obligations.

The Sanofi-Aventis U.S. LLC subsidiary will give the U.S. government roughly $49 million; turn over $40 million to participating state Medicaid programs; and pay more than $6 million to public health service programs that overpaid for Aventis' Azmacort, Nasacort and Nasacort AQ, the U.S. Department of Justice announced Thursday.

The deal brings an end to...
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