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Idaho Pushes Drug Settlement Recoveries to $15M

By Pharmaceutical Processing | September 30, 2011

BOISE, Idaho (AP) — Attorney General Lawrence Wasden pushed Idaho’s settlements with drug companies over improper pricing allegations to $15 million since 2005 with the latest deal his office struck with Merck Sharp & Dohme Corp.

Wasden said Thursday the drug maker formerly known as Merck & Co., Inc., will pay $1.6 million to resolve his contention the company reported an inflated average wholesale price for a drug.

He says that rips off taxpayers whose money buys medication for poor and disabled people who are covered under Medicaid.

Wasden, whose office has resolved 11 average wholesale price cases with drug manufacturers, still has three court cases pending against 17 other drug manufacturers.

The settlement with Merck has been approved by the Fourth District Court in Ada County.

The company admitted no liability or wrongdoing.

 

 

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