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South Dakota Seizes $996K in Drug Settlement | Sioux Falls News
South Dakota is set to receive nearly a million dollars as part of a massive $400 million settlement with drugmaker Sandoz, accused of conspiring to inflate generic drug prices and crush competition. Other companies like Glenmark and Lannett are also paying out, adding another $96.5 million. States are using the funds to bolster Medicaid and create an antitrust enforcement fund. Sandoz, along with its global affiliates, will pay over $469 million total and implement sweeping reforms. The deal awaits final approval from all participating states and could face trial in 2027. Listen in…
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