A California-based subsidiary of drug maker Mylan Inc. will pay Mississippi $3.9 million in a settlement of a 2005 lawsuit that claimed the company inflated prescription drug prices and overcharged the state's Medicaid program.
Dey L.P., of Napa, Calif., and Mississippi Attorney General Jim Hood announced the settlement Wednesday in separate news releases.
Hood said the agreement is the first in the Average Wholesale Price litigation that he filed against 54 drug companies.
Over 20 states, along with the federal government, have filed lawsuits making similar claims against drug manufacturers.
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