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Wyeth

Maryland to receive more than $6 million from drug company settlement

Maryland to receive more than $6 million from drug company settlement

Maryland will receive just over $6 million as part of a larger agreement reached with the drug maker Wyeth to settle allegations it underpaid rebates to the Medicaid program, Maryland Attorney General Brian E. Frosh announced Tuesday.

The agreement disclosed in February but just finalized totaled $784.6 million with 35 states, the District of Columbia and the federal government, which share the cost of Medicaid, the health insurance program for poor and low-income Americans.

As part of the Medicaid Drug Rebate Program, a cost containment measure enacted by Congress in 1990, Wyeth, a New Jersey-based subsidiary of Pfizer Inc., was obligated to provide rebates to the...

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