Several subsidiaries of Teva Pharmaceuticals Ltd. have agreed to settle lawsuits brought against them under the Federal False Claims Act and corresponding state statutes in Texas, Florida, and California.  The lawsuits were brought by a qui tam plaintiff, Ven-A-Care, a pharmacy located in Key West, FL.

The lawsuits allege that Teva, along with other pharmaceutical manufacturers, used practices to inflate reimbursements for drugs from Medicaid as well as other programs.  Teva will pay approximately $315 million to settle the lawsuits brought against them.