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Posts tagged: drug manufacturers

Idaho gets $1.65M in drug settlement

Idaho will collect $1.65 million in a legal settlement with the prescription drug manufacturer Sandoz Inc. for overstating the average wholesale price of drugs, causing Idaho’s Medicaid program to overpay; among others, Sandoz manufactures a generic version of the drug Prozac. The company admits no wrongdoing in the settlement but agrees to pay; Wasden has reached six similar settlements with drug manufacturers since 2005, resulting in payments of another $7 million to Idaho taxpayers. Three more average wholesale price cases, involving two dozen other drug manufacturers, still are pending. Click below to read Wasden’s full announcement.

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Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

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