Illegal Drug Marketing Nets Wyoming $704,000
CHEYENNE, Wyo. (AP) — Wyoming is receiving nearly $704,000 as part of a federal settlement with AstraZeneca over allegations the pharmaceutical manufacturer illegally marketed the antipsychotic drug Seroquel.
The federal government recently reached a $520 million settlement with the company.
Wyoming Attorney General Bruce Salzburg says most of the state's share will be returned to the federal government for its original contribution to Wyoming Medicaid funds and the remaining $240,000 will return to the state's Medicaid budget.
AstraZeneca allegedly marketed the drug Seroquel for off-label uses, or those not approved by federal drug regulators, and allegedly paid kickbacks to doctors to promote unapproved uses of Seroquel.
AstraZeneca denies the allegations but says it wants to delay a legal battle.