AstraZeneca Settles Texas Medicaid Fraud Suits For $110M

By RJ Vogt (August 7, 2018, 8:41 PM EDT) -- Pharmaceutical giant AstraZeneca LP has agreed to pay $110 million to the state of Texas to settle lawsuits accusing the company of falsely marketing its drugs Seroquel and Crestor in violation of the Texas Medicaid Fraud Prevention Act, according to a Tuesday announcement by the state attorney general.

Texas Attorney General Ken Paxton said the company was accused of using misleading marketing schemes at a time when it was already under strict obligations of a 2010 federal "corporate integrity agreement" resulting from prior allegations of Medicaid fraud.

That federal agreement prohibited AstraZeneca from promoting off-label uses of its antipsychotic medication Seroquel...

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