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The Boston Globe

Metro

Drug firm to pay Mass. $1m in ineffective drug settlement

A Texas-based drug company will pay nearly $1 million to Massachusetts as part of a nationwide settlement over allegations that it illegally billed for an ineffective drug, prosecutors said.

Healthpoint Ltd. and its partner DFB Pharmaceuticals, Inc. will pay a total of $48 million to 47 states to compensate state health care and Medicaid programs that purchased Xenaderm, a drug the company marketed to treat wounds like pressure ulcers, Attorney General Martha Coakley’s office said in a statement.

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