German pharmaceutical company to pay WI million in settlement - WKOW 27: Madison, WI Breaking News, Weather and Sports

German pharmaceutical company to pay WI million in settlement

MADISON (WKOW) -- German pharmaceutical company will pay Wisconsin millions of dollars in settlement money.

A lawsuit filed by the state charged 36 drug makers including Boehringer Ingelheim Corps. for defrauding the medicaid program.

The drug maker will pay $7 million in the settlement.

Four of Boehringer's subsidiaries allegedly inflated drug prices in order to get medicaid reimbursements.

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