Settlement with National Drug Maker Will Return Medicaid Money to State
Olympia – Settlement of federal criminal conspiracy charges against a national pharmaceutical company over its drug-marketing practices will lead to the return of about $790,000 to the state’s Medicaid fund, Attorney General Christine Gregoire said today.
The settlement with TAP Pharmaceutical Products, Inc. of Chicago, Ill., will require the company to reimburse Medicaid programs in all 50 states a total of $56.7 million. In addition, the company will be required to return $524 million to the federal government, and pay a substantial criminal fine.