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Nebraska gets $3.2M in settlement with drug company

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By The Associated Press

Thursday, Jul 17, 2008 - 06:05:39 pm CDT

Nebraska will receive almost $3.2 million as part of a $515 million settlement with a drug company accused of misconduct.

The settlement with Bristol-Myers Squibb and its former subsidiary, Apothecon Inc., was announced Tuesday. In addition to Nebraska, it includes the federal government, 42 other states and the District of Columbia.

Attorney General Jon Bruning says the settlement addresses allegations that the New York-based drug developer reported inflated prices for drugs to Medicaid and other federal health programs and misreported sale prices for an antidepressant, among other things.

Story Photo
Attorney General Jon Bruning

The money reimburses excessive amounts paid by Medicaid programs as a result of the misconduct.


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Joseph P. Sokolovsky wrote on July 17, 2008 8:41 pm:
" Good job....A.G. Bruning!!! "

kenny in cal wrote on July 17, 2008 10:41 pm:
" Good job Jon. "

Rose wrote on July 18, 2008 8:36 am:
" John Bruning is a wonderful Attorney General "

Outside the Box wrote on July 18, 2008 8:42 am:
" How exactly did Jon Jon do a good job here? I doubt he did a lot of work to investigate and make a case against BMS. He was one of 44 entities (42 states, the feds, and D.C.) who got in on the action.

Making a photocopy of a lawsuit and replacing "Delaware" with "Nebraska" is hardly rocket science.

But it is a great way for Jon to get his name in the paper. "

do the math wrote on July 18, 2008 10:35 am:
" before you praise Bruning - do the math. 44 beneficiaries of $515M and Nebraska received $3.2M. Nebraska basically received crumbs that fell off the table. "

Doug wrote on July 18, 2008 7:48 pm:
" Do the math, the Federal Government got the lion's share of this settlement. The States received a share. Great job Bruning. Outside the Box is a Demo who can NEVER be pleased. "