Aventis to pay N.C. $2.2 million as part of Medicaid settlement

Triangle Business Journal reports that Drug-maker Aventis Pharmaceuticals Inc. has agreed to pay $2.2 million to North Carolina for underpaying rebates to Medicaid for allergy medications.

The payment is part of $95.5 million settlement the company has reached with states and the federal government, according to North Carolina Attorney General Roy Cooper.

Learn more: Aventis to pay N.C. $2.2 million as part of Medicaid settlement

Sanofi-Aventis Pays $95.5M in a Federal Claim

According to this article in bizjournals, Sanofi-Aventis will pay $95.5 million to settle a federal claim that accuses Aventis Pharmaceuticals Inc. of underpaying drug rebates it was required to pay into Medicaid between 1995 through 2000. The Justice Dept claims that $49 million of the settlement will be paid to the federal government, $40 million will be paid to the states, and the remaining $6 million will go to heath providers.

Read the full article here.