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Attorney General Josh Stein Announces $10 Million Medicaid Settlement with Drugmakers

(RALEIGH) Attorney General Josh Stein today announced a $10,397,052 settlement with Royal Pharmaceuticals LLC and Seton Pharmaceuticals LLC (Royal/Seton). The settlement was reached after the two jointly-held pharmaceutical companies self-disclosed a pricing error that resulted in the underpayment of Medicaid drug rebates to the states from 2013 to 2017. North Carolina's share of the national settlement is $720,688. That money will be restored to the Medicaid program.

Read more on ncdoj.gov

Action Details

  • Date:December 16, 2020
  • Agency:North Carolina Attorney General
  • Enforcement Types:
    • State Enforcement Agencies