Drug maker pays $481,810 in settlement
Monday, Oct. 4, 1999 | 9:22 a.m.
Knoll Pharmaceutical Co. and BASF Corp., maker of a synthetic thyroid hormone product, made the payment Friday, Attorney General Frankie Sue Del Papa said.
Of the remaining settlement amount, $60,000 went to pay the multi-state legal counsel and $224,190 went to a special account established by the 1999 Legislature for future litigation.
In July, Knoll agreed to pay Nevada and 36 other states a total of $41.8 million.
The drig is used to treat hypothyroidism, a medical condition in which a person's thyroid gland doesn't produce sufficient thyroid hormone.
The $481,810 received by Nevada goes to the state's general fund.
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