J&J Settles Texas' Risperdal Suit For $158M
The lawsuit sought more than $1 billion in reimbursement and penalties.
“This settlement represents a resolution to claims brought by the state in 2004 for alleged Medicaid overpayment during the years 1994 [to] 2008, and will circumvent potentially lengthy and costly appellate activities,” the unit, Janssen Pharmaceuticals Inc., said in a statement.
A Janssen spokeswoman said the company...
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