Attorney General Becerra Announces $10 Million Settlement with Major Pharmaceutical Companies
SACRAMENTO - California Attorney General Xavier Becerra today announced a $10,397,052 nationwide settlement with Royal Pharmaceuticals LLC and Seton Pharmaceuticals LLC (Royal/Seton). The settlement was reached after the two jointly-held pharmaceutical companies self-disclosed underpaying Medicaid drug rebates to all 50 states from 2013 to 2017. California's total settlement amount is $410,192.05, of which $164,080.33 will return to the federal government, and the remaining $246,111.72 will return to the Medi-Cal program.
- Date:December 15, 2020
- Agency:California Attorney General
- State Enforcement Agencies