Inflated Drug Prices

Helena, MT: (Dec-19-07) Montana Attorney General Mike McGrath brought charges against California-based Dey LP, a pharmaceutical manufacturer, alleging that the company was overcharging inflated prices to Medicare and Medicaid. Sources stated that Dey manufactures drugs such as Albuterol used to treat asthma and other lung diseases, along with the pain reliever hydrocodone. As part of a settlement reached, the pharmaceutical manufacturer agreed to pay the AG's office $198,000 to resolve allegations. McGrath and Department of Public Health and Human Services director Joan Miles stated that the settlement money will go to 14 health centers around the state. [BILLINGS GAZETTE: DRUG PRICES]

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Published on Dec-26-07