Apotex pays Texas $ 26 million to end Medicaid fraud investigation

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Law360 (July 16, 2021, 6:54 p.m. EDT) – Pharmaceutical maker Apotex Corp. agreed in an out-of-court settlement to pay the state of Texas $ 26 million to resolve allegations it reported inflated drug prices to Medicaid in Texas. program for more than three decades, the Texas attorney general said Friday.

Texas contends, and Apotex denies, that since Jan. 1, 1991, it has falsely reported inflated drug prices to the Texas Medicaid program, thereby increasing the reimbursement it has obtained from the state, in violation of Texas Medicaid Fraud Prevention. Act.

Among the dozens of drugs that Texas claimed Apotex mispriced were the potent opioid fentanyl, nicotine patches …

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