Hood announces $18M settlement

Attorney General Jim Hood says Mississippi will receive $18.5 million in a settlement with drug manufacturer Eli Lilly and Co.

Hood, speaking Thursday at a news conference in Jackson, says the settlement represents a recovery for funds spent on the anti-psychotic drug Zyprexa by Medicaid and the state insurance plan.

Zyprexa has been Lilly's top-selling drug for several years.

AP
2/3/10