NC Recoups $31M As Part Of Fraud Settlement

5:49 AM, Sep 7, 2012   |    comments
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RALEIGH, N.C. (AP) -- North Carolina's attorney general says the state has recovered nearly $32 million from drug maker GlaxoSmithKline as part of the largest health care fraud settlement in U.S. history.

The settlement with GlaxoSmithKline is the latest recovery made by Attorney General Roy Cooper's Medicaid Investigations Division. The division has recouped nearly $500 million over the past decade.

A statement from Cooper's office on Thursday said that of the $31.8 million recovered by North Carolina, nearly $3.9 million will go to public schools. The remaining funds will go to support Medicaid in the state.

The funds are part of a $3 billion national settlement to resolve allegations that GSK used various illegal schemes to market and price drugs including Paxil, Wellbutrin, Advair, Lamictal, and Zofran.

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