Kentucky to share in $75 million settlement

FRANKFORT, Ky. (KT) – Kentucky will share in a $75 million multi-state settlement with Bristol-Myers Squibb Company, in a federal lawsuit that alleged the company overcharged state Medicaid programs for drugs.

Under the settlement, the pharmaceutical manufacturer has agreed to pay to resolve these allegations, with the Kentucky Medicaid Program receiving $1,274,861.61 in restitution and other recovery.

Attorney General Daniel Cameron joined the U.S. Department of Justice, U.S. Attorney for the Eastern District of Pennsylvania, and a multi-state coalition of attorneys general in the settlement.

Source: Kentucky to share in $75 million settlement / The Sentinel Echo

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