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.
- Date:December 16, 2020
- Agency:North Carolina Attorney General
- State Enforcement Agencies