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Wednesday, May 09, 2012
Settlement with Abbott Tennessee will get at least 5-million of a 1.5-billion dollar settlement with Abbott Laboratories after the state attorney general's office agreed to resolve allegations that the company illegally marketed DE PA KOTE for 10 years ending in 2008. The drug was not deemed safe and effective for some uses by the Food and Drug Administration, and there were subsequent false claims to Medicaid and other federal health care programs. Tennessee Attorney General Bob Cooper said his office will continue to work diligently to pursue any company attempting to illegally divert funds designated for TennCare. (bg)
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