Attorney General Jim Hood delivered a check Monday to lawmakers for over $35 million in monies recovered by his office.
“Through our office’s hard work in the past several months, we are pleased to be able to return this money to the people,” said Attorney General Jim Hood.
As part of the Average Wholesale Price (AWP) litigation, the $35 million returned to the State includes more than $12 million from a settlement with Barr Laboratories, Inc., IVAX Pharmaceuticals, Inc. , Sicor Pharmaceuticals, Inc. and Teva Pharmaceuticals USA. Inc.
The settlement addressed Medicaid Fraud Claims and Consumer Protection Violations involving pharmaceutical manufacturers.