News
Kentucky AG Announces 2 Drug-related Settlements
By: Associated Press
Posted on:
FRANKFORT, Ky. (AP) – Kentucky’s attorney general has announced two separate settlements totaling nearly $40 million that involve a drug company and a drug distributor.
Attorney General Andy Beshear said Wednesday his office has secured a $17 million settlement with Bayer Corp. over claims it misled women about risks associated with its birth control drugs, Yasmin and Yaz.
The settlement resolves a 2013 lawsuit. Bayer did not admit liability as part of the settlement.
Beshear says about $10 million of the settlement will be available for lawmakers to appropriate next year. The rest will go to the state’s investigation costs and litigation fees.
Beshear’s office has recovered $22.7 million in state and federal Medicaid dollars in a settlement with a pharmaceutical distributor over marketing and promotion of Suboxone – used in treating opioid dependence.