New York and five other states have reached a $700 million settlement deal with Reckitt Benckiser over allegations that the drug distributor improperly marketed a drug to treat opioid addiction, New York Attorney General Letitia James said on Wednesday. Reckitt in July agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out carried out an illegal scheme to boost sales of an opioid addiction treatment, Suboxone. As part of the agreement, New York’s Medicaid program will receive more than $71.9 million in recoveries, with more than …read more
Source:: Yahoo Finance
