Florida AG Pam Bondi, others reach $11 million settlement - WSLS 10 NBC in Roanoke/Lynchburg Va

FL AG Bondi, others reach $11 million settlement with Amgen, Inc.

Posted: Updated:
TALLAHASSEE, FL -

Attorney General Pam Bondi today announced that Florida, along with 35 other attorneys general, have reached a nearly $11 million settlement with Amgen, Inc. resolving false claims allegations. Allegedly, Amgen violated state false claims acts by reporting inflated pricing data for its prescription drugs Aranesp, Enbrel, Epogen, Neulasta, Neupogen, and Sensipar. The alleged inflated prices caused Florida and the other settling states' Medicaid programs to overpay for the drugs. Florida's share of the settlement is more than $328,000.

"Falsely inflating pricing data in order to overcharge states and boost the sales of certain drugs is unethical and ultimately costs taxpayers, and it will not be tolerated," stated Attorney General Pam Bondi. "I am pleased that we were able to reach this settlement to compensate for our Medicaid program's losses."

The settlement addresses the "Average Wholesale Price" (AWP) and "Wholesale Acquisition Cost" (WAC) benchmarks used by most states' Medicaid programs, including Florida's, to set pharmacy reimbursement rates for drugs dispensed to state Medicaid beneficiaries. Allegedly, Amgen reported inflated AWP and WAC pricing data to create an artificially inflated "spread" between the price for which Medicaid providers dispensed the drugs to beneficiaries and the price which the states reimbursed providers for those drugs. The states further alleged that after creating the inflated spread, Amgen marketed that spread to Medicaid providers in order to boost Amgen's sales of the named drugs.

 

FOLLOW US ON TWITTER:@WFLATAMPA

  • NewsMore>>

  • Woman killed by stray bullet in Manatee

    Woman killed by stray bullet in Manatee

    Monday, July 28 2014 6:05 AM EDT2014-07-28 10:05:40 GMT
    A shooting was reported at the intersection of the US Highway 301 and University Parkway early Monday morning where one woman was struck by a bullet and killed, Manatee County Sheriff's Office said.
    A shooting was reported at the intersection of the US Highway 301 and University Parkway early Monday morning where one woman was struck by a bullet and killed, Manatee County Sheriff's Office said.
  • Automated car to take Scott for ride

    Automated car to take Scott for ride

    Monday, July 28 2014 5:12 AM EDT2014-07-28 09:12:49 GMT
    An automated car will take Florida Governor Rick Scott for a ride Monday, as Audi tries to sell the state on its latest technology.
    An automated car will take Florida Governor Rick Scott for a ride Monday, as Audi tries to sell the state on its latest technology.
  • Small plane crash on Fla. beach: 1 dead, 1 injured

    Small plane crash on Fla. beach: 1 dead, 1 injured

    Monday, July 28 2014 4:39 AM EDT2014-07-28 08:39:23 GMT
    A father was killed and his 9-year-old daughter critically injured Sunday while walking along a Florida beach when a small plane crash landed on the Gulf Coast only feet from the surf, authorities said.
    A father was killed and his 9-year-old daughter critically injured Sunday while walking along a Florida beach when a small plane crash landed on the Gulf Coast only feet from the surf, authorities said.
  • Accident causing lane closures on Interstate 81-North

    UPDATE: Interstate 81 lane reopens after Botetourt Crash

    UPDATE: Interstate 81 lane reopens after Botetourt Crash

    Friday, July 25 2014 8:49 AM EDT2014-07-25 12:49:42 GMT
    Two lanes are still closed but traffic is now passing on the right shoulder.
    Two lanes are still closed but traffic is now passing on the right shoulder.
  • UPDATE: Crash on Interstate 81 in Montgomery Co.

    UPDATE: Crash on Interstate 81 in Montgomery Co.

    Friday, July 25 2014 9:09 AM EDT2014-07-25 13:09:04 GMT
    All lanes on I-81 southbound are closed due to a tractor trailer crash near mile marker 120
    All lanes on I-81 southbound are closed due to a tractor trailer crash near mile marker 120
  • Floydfest attracts people from all walks of life

    Floydfest attracts people from all walks of life

    Wednesday, July 23 2014 11:26 PM EDT2014-07-24 03:26:58 GMT
    FloydFest 13 kicked off on Wednesday. Thousands of people from different walks of life will attend various events. Some come to the music festival to escape the monotony of everyday living."
    FloydFest 13 kicked off on Wednesday. Thousands of people from different walks of life will attend various events. Some come to the music festival to escape the monotony of everyday living."

Powered by WorldNow

WSLS 10, P.O. Box 10
Roanoke, VA 24022-0010

Telephone: 540.981.9110
Fax: 540.343.3157
Email: news@wsls.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.