Freeze Warning expires at 9:00 AM on 4/17, issued at 3:24 AM Allen, KY | Annville, KY | Artemus, KY | Ary, KY

Settlement Reached With Pharmaceutical Company

(WTVQ-TV, LLC)
(WTVQ-TV, LLC)
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 6/13/2012 12:04 pm
The Kentucky attorney general's office has recovered another $7 million on behalf of the Kentucky Medicaid program following a settlement with the Johnson & Johnson family of companies.

This is the latest in a number of settlements in so-called Average Wholesale Price (AWP) lawsuits filed against 47 of the nation’s largest pharmaceutical companies.

 The lawsuits filed by the Attorney General allege that Johnson & Johnson, which encompasses Janssen Pharmaceutical Products, LP, Centocor, Inc., McNeil Pharmaceutical, Inc., Ortho Biotech Products, LP and Ortho-McNeil Pharmaceutical, Inc., published false, inflated and deceptive AWPs for their drugs, which did not bear any relationship to the real prices that they actually charged their customers.  The Kentucky Medicaid program relied on these published AWPs to calculate Medicaid drug reimbursement rates. 

Johnson & Johnson brand drugs implicated in the lawsuits included the popular brand drugs Risperdal (schizophrenia), Propulsid (heartburn), Flexeril (muscle strain), Procrit (anemia), Ditropan (overactive bladder), Haldol (psychotic disorders), and Topamax (epilepsy), as well as numerous other drug products.


Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
Most Popular
Two Men Injured In Violent Crash In Laurel County
The Laurel County Sheriff's Office said two London men were airlifted to UK Hospital after the car they were in left Wyan Road Tuesday night and hit a tree head-on.
Proposed Walmart In Versailles Causing Controversy
A Walmart Supercenter may be coming to Versailles, but families there have mixed feelings about the development. Video Video
Former Pastor Accepts Plea Deal to Sex Abuse Charges
A former Wayne County pastor who had been indicted on 13 counts of rape in 2011 accepted a plea deal Tuesday.
Lawmakers toughen accountability for districts
A bill aimed at strengthening accountability standards for Kentucky's school districts has won final approval from state lawmakers.
Part Of Bluegrass Pkwy. To Temporarily Close In Woodford Co.
Part of the Bluegrass Parkway in Woodford County will be temporarily closed Thursday. The state said crews would be cleaning up rock slide debris from 9:00 a.m. to noon.
Inergize Digital This site is hosted and managed by Inergize Digital.

WTVQ.com supports children's privacy rights. All persons under the age of 13 MUST have parental permission to use this website and direct parental supervision is strongly recommended.