Civil Plaintiff

California’s Attorney General Announces $10M Settlement with Major Pharmaceutical Companies

SACRAMENTO, Calif. (KTXL) — California Attorney General Xavier Becerra announced an almost $10 million nationwide settlement with Royal Pharmaceuticals LLC and Seton Pharmaceuticals LLC (Royal/Seton).

Becerra said Tuesday that the settlement — which totals $10,397,052 — was reached after the jointly-held companies self-disclosed underpaying Medicaid drug rebates to all 50 states from 2013 to 2017.

“Cheating a program like Medi-Cal, which provides health insurance for many of California’s most vulnerable residents, is never okay.

However, when drug manufacturers come forward and report the companies’ error, we’re able to right the wrong and get the money back to the Medi-Cal program where it belongs.”

Read the source article at FOX40

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