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Johnson & Johnson Settles Texas Lawsuit For $158M
thestate.com 3 weeks, 6 days agoA lawsuit in which Texas accused Johnson & Johnson of plundering the state Medicaid program by overstating the safety of an expensive anti-psychotic drug and improperly influencing officials and doctors to push the medication has been settled for $158 million, a subsidiary of the health care giant and state officials announced Thursday. Texas had been seeking up to $1 billion from the drug maker. Janssen Pharmaceuticals, Inc., one of the J&J subsidiaries that had been sued, said in a statement it will pay $
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Johnson & Johnson Settles Texas Lawsuit For $158M
seattletimes.nwsource.com 3 weeks, 6 days agoTexas and a subsidiary of health care giant Johnson & Johnson reached a $158 million settlement in a Medicaid fraud lawsuit Thursday, allowing the drugmaker to pay a fraction of the potential $1 billion in penalties and fines that state officials had initially sought.
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