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VOL. 128 | NO. 97 | Friday, May 17, 2013

Tennessee Receives Portion of Drug Quality Claim

AP

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NASHVILLE (AP) – Tennessee will receive a portion of a $500 million settlement with generic drug manufacturer Ranbaxy.

Tennessee Attorney General Bob Cooper announced Thursday that Tennessee will receive more than $5.5 million. The settlement resolved claims that Ranbaxy sold inferior drugs and made false statements about how they were made.

The claim sprang from a whistleblower complaint that alleged the company manufactured, distributed and sold generic pharmaceuticals that failed to meet Food and Drug Administration standards for strength, purity and quality.

The 26 products in question were made at two plants in India between 2003 and 2010.

A team from the National Association of Medicaid Fraud Control Units conducted the settlement negotiations with Ranbaxy on behalf of the states.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 295 5,829
MORTGAGES 119 351 6,951
FORECLOSURE NOTICES 11 69 1,099
BUILDING PERMITS 275 845 12,430
BANKRUPTCIES 51 216 4,304
BUSINESS LICENSES 38 135 2,314
UTILITY CONNECTIONS 23 138 2,518
MARRIAGE LICENSES 24 77 1,204

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