Settlement with drug companies could boost budget
by Associated Press
Published: March 11,2011
Tags: budget, courts, drugs, law enforcement, lawsuit, pharmaceuticals, settlement, state government
JACKSON — Mississippi Attorney General Jim Hood says he hopes a new $20-million boost to the state from a pharmaceutical lawsuit will go to mental health services.
House Appropriations Committee chairman Johnny Stringer agrees with the idea. He says the budget just happens to be short $20 million and that the funds would help support community mental health centers.
The funds come from recently settled litigation over Medicaid fraud and consumer protection violations with four drug companies: GlaxoSmithKline; Aventis; Schering/Warring; and, Mylan.
Hood says putting the money into the mental health budget would help resolve the mental-health crisis and prevent future lawsuits against the state.
Source: The Associated Press
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- District at Eastover construction to start later this year
- Fervor grows for Tuscaloosa Marine Shale
- Lists
- With no interim, board begins hunt for MVSU president
- LNG facility hoping to begin exporting natural gas
- Supervisors to talk with trustees about selling hospital
- Ex-Northwest Rankin coach David Coates dies before drug trial
- The link between education and economic development
- WOODS: Time to put gloves on for handgrabbing

![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
POST A COMMENT