US Drug Company Pays $625Mln To Settle Lawsuit Over Misbranded Medicine - Attorney General

US Drug Company Pays $625Mln To Settle Lawsuit Over Misbranded Medicine - Attorney General

The US drug distributor AmerisourceBergen Corporation (ABC) will pay $625 to settle a multi-state lawsuit for illegally introducing adulterated, misbranded drugs into interstate commerce, state of New York Attorney General Barbara Underwood announced in a press release on Monday.

WASHINGTON (Pakistan Point News / Sputnik - 02nd October, 2018) The US drug distributor AmerisourceBergen Corporation (ABC) will pay $625 to settle a multi-state lawsuit for illegally introducing adulterated, misbranded drugs into interstate commerce, state of New York Attorney General Barbara Underwood announced in a press release on Monday.

"ABC ... will pay the states and the Federal government $625 million, of which $99,875,000 will go to the states' Medicaid programs," the release said.

The civil settlement with 44 states resolves allegations that a company pharmacy in the state of Alabama caused numerous false claims to be submitted to Medicaid for unapproved new drugs and defective, contaminated or otherwise compromised drugs, and double billing for the same vial of drug product, the release explained.

The pharmacy repackaged and drugs throughout the United States, according to the release.

In addition to the civil settlement, ABC subsidiary AmerisourceBergen Specialty Group ("ABSG") pleaded guilty to illegally distributing misbranded drugs in September 2017 and paid $260 million in criminal fines and forfeitures, the release noted.