$625 Million Settlement Reached With AmerisourceBergen

LITTLE ROCK – Arkansas Attorney General Leslie Rutledge has announced Arkansas has joined with 42 other states and the federal government to reach an agreement with the pharmaceutical distributor, AmerisourceBergen Corporation (ABC) to settle allegations that the company introduced adulterated drugs into interstate commerce. As a result, ABC will pay the states and the federal government $625 million dollars, of which $99,863,569.00 will go to the Medicaid programs. Additionally, ABC subsidiary, AmerisourceBergen Specialty Group (“ABSG”), pleaded guilty to illegally distributing misbranded drugs in September 2017. ABSG is the parent entity for companies in the specialty pharmaceutical market, including biotechnology and oncology, in addition to pharmaceutical manufacturers and providers. ABSG agreed to pay $260 million in criminal fines and forfeitures. As part of the settlement Arkansas will receive $2,813,129.97 in restitution and other recoveries.    MORE

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