Contact Us

Idaho Gets Piece of Settlement from Generic Drug Maker

flickr.com

BOISE, Idaho (AP) — Idaho will receive nearly $420,000 as its share of a settlement with a pharmaceutical company over allegations that it sold 26 generic drugs whose strength, purity and/or quality fell below federal standards.

The lawsuits against India-based Ranbaxy alleged the products manufactured between April 2003 and September 2010 did not meet U.S. Food and Drug Administration standards and caused Medicaid to pay fraudulent claims. Attorney General Lawrence Wasden says about half of Idaho’s settlement money will go to Idaho Medicaid as restitution, while the rest will go to the state’s general fund.

Ranbaxy agreed to pay the states and federal government $350 million in civil damages and penalties, along with $150 million in criminal fines and forfeitures. Ranbaxy pleaded guilty to seven felony counts of violating the U.S. Food, Drug and Cosmetic Act.

Best of News Radio 1310

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://newsradio1310.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!