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Litigation

Jul. 31, 2012

McKesson settles drug pricing allegations with states

Local drugmaker McKesson Corp. will pay $151 to California and 28 other states to settle allegations that the pharmaceutical giant was artificially inflating drug prices for nearly a decade.


By Saul Sugarman


Daily Journal Staff Writer


SAN FRANCISCO - Local drugmaker McKesson Corp. will pay $151 million to California and 28 other states to settle allegations that the pharmaceutical giant was artificially inflating drug prices for nearly a decade, Attorney General Kamala D. Harris announced Friday.


McKesson, one of the country's largest drugmakers, is accused by state and federal agencies of defrauding the government insurance p...

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