The U.S. Justice Department has joined a pair of whistleblower lawsuits alleging...
- The U.S. Justice Department has joined a pair of whistleblower lawsuits alleging a drugmaker now owned by Mallinckrodt Plc improperly promoted an expensive multiple sclerosis treatment and paid kickbacks to doctors who prescribed the drug.
News of the department’s decision to intervene in the lawsuits after conducting an investigation into the whistleblowers’ allegations sent the stock price of Mallinckrodt Plc down nearly 14 percent on Tuesday. The drug is used to treat infantile spasms and multiple sclerosis. In 2007, Questcor hiked Acthar’s price for a single a vial from about $2,000 to $23,000, one of the lawsuits said. The price of the drug has since soared to more than $40,000.CNN first reported on the case on Tuesday. Mallinckrodt in a statement said it disagrees with the allegations and has been in “advanced settlement talks with the government over the past several months.
In his complaint, Strunck alleged Questcor in an effort to boost sales paid doctors illegal kickbacks in the form of bribes, speaker fees and consulting deals in exchange for promoting and prescribing Acthar.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Houston prosecutors drop 27 drug cases tied to 2 officers embroiled in scandalAuthorities allege an officer lied in a search warrant affidavit for a home where drugs were allegedly being sold and two suspects died in the raid.
Weiterlesen »
Skanska shares drop on builder's surprise first-quarter profit dropSwedish builder Skanska reported an unexpected fall in first-quarter operating earnings on Friday.
Weiterlesen »
Rochester Drug Cooperative fined $20 million in first US criminal case against a major drug distributor over opioidsRochester Drug Cooperative CEO Laurence Doud is accused of conspiring to distribute illegal narcotics.
Weiterlesen »
U.S. incarceration rate drops 10 percent over decade to hit lowest level in 20 yearsDepartment of Justice statistics also showed that 'noncitizens made up roughly the same portion of the U.S. prison population, 7.6 percent, as of the total U.S. population.'
Weiterlesen »
The obscure advisory committees at the heart of the U.S. drug pricing debateThe obscure advisory committees at the heart of the U.S. drug pricing debate CarolineHumer reports
Weiterlesen »
AbbVie's Skyrizi drug to treat psoriasis wins U.S. approvalAbbVie Inc said on Tuesday that the U.S. Food and Drug Administration approved i...
Weiterlesen »
Raytheon profit beats expectations; shares drop on unchanged outlookShares of Raytheon Co slumped nearly 6 percent on Thursday after the U.S. weapon...
Weiterlesen »
Caterpillar drops after CFO reportedly says it's set to lose market share in ChinaCaterpillar shares dropped in early Wednesday trade after the global construction giant reported first-quarter earnings.
Weiterlesen »
U.S. Records Highest Number of Measles Cases in 25 Years, CDC SaysThis year is now the worst for measles in the U.S. in 25 years, the Centers for Disease Control and Prevention reported, as health officials continue to battle a large and growing outbreak in New York City that has also spawned flare-ups in other locales.
Weiterlesen »