Schering-Plough Agrees to $31 Million to Settle Medicaid Fraud Charges
November 9, 2008
The Kansas City Star reported a settlement between Schering-Plough and the state of Missouri on November 9, 2008. The New Jersey-based company was alleged to have inflated prices for the drugs it sold to pharmacies participating in Medicaid, costing Missouri taxpayers millions of dollars. The $31 million settlement marks the largest recovery in Missouri state history resulting from a case against a pharmaceutical company.
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