Wyeth and Pfizer Agree to Pay $784.6 Million to Resolve Lawsuit Alleging that Wyeth Underpaid Drug Rebates to Medicaid
"This significant settlement illustrates that the government will not permit drug companies to dodge their obligations to the
"This settlement demonstrates our unwavering commitment to hold pharmaceutical companies responsible for pursuing pricing schemes that attempt to manipulate and overcharge federal health care programs -- programs that protect the poor and disabled -- for drugs sold to commercial customers at much lower prices," said Principal Deputy Attorney General
"When we make agreements with others we expect follow-through," said
According to the government's complaint, Wyeth gave thousands of hospitals deep discounts on two of its proton pump inhibitor (PPI) drugs, Protonix Oral and Protonix IV, but failed to report those discounts to
Under the
The government alleged that Wyeth hid from
Under the terms of today's settlement, Wyeth will pay
As part of the settlement, Wyeth and
This settlement is part of the government's ongoing initiative to combat health care fraud, and specifically to reduce and prevent
This matter was investigated by the



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