SD claims $2.9M of $2.2B Johnson & Johnson criminal settlement
PIERRE (AP) — The state of South Dakota will receive a share of the $2.2 billion drugmaker Johnson & Johnson has agreed to pay to resolve criminal and civil allegations.
Attorney General Marty Jackley says the state's share of the global settlement will be nearly $2.9 million. The U.S. government will keep $1.9 million as the federal Medicaid share and just under $1 million will go to the state general fund to offset Medicaid damages.
The agreement is the third-largest settlement with a drugmaker in U.S. history.
The Department of Justice says Johnson & Johnson promoted the powerful psychiatric drugs Risperdal and Invega for unapproved uses in children, seniors and disabled patients.