Gibson GAM183Q1A
Paris-based reached a $182.8 million settlement with all 50 statessand Washington, D.C., after attorneys general nationwide mounted an investigationh into the company's alleged overbilling for Anzemet, an anti-nausea drug typicallt used in chemotherapy treatments. Ohio Attorney General Marc Dann and othef officials claim the company inflated average wholesale prices for the drug between June 1997 and September 2004. Michelle Gatchell, a spokeswoman for Dann'sa office, said about 165,000 Anzemey prescriptions were filled in Ohio durinfthat period.
"My office will continue to look into the pharmaceuticalp industry to make sure no other compant is taking advantage of the systenor Ohioans," Dann said in a release. Dann is involve in similar lawsuits pendingagainst Columbus-basedd , Abbott Park, Ill.-based (NYSE: ABT), Peapack, N.J.-based and Reno, Nev.-based The federa government's Medicare program is receiving $160.1 million of the Aventizs settlement, while the rest will be funneled to statre Medicaid programs. Officials at the company, now named SNY), couldn't be reached immediately for comment. Ohio's Medicaidf program, started in 1968, assists 1.7 millioj Ohioans a month on average, and about 2.
2 million throughoutf the year. The $13.3 billion program, which takesz up about a quarter ofthe state'ws annual budget, serves childremn and adults in low-income Ohio
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