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$421 Million Dollar Pharma Case

$421 Million Dollar Pharma Case
warner mendenhall - Tue Dec 07, 2010 @ 02:54PM
Comments: 3

DOJ WASHINGTON —   Abbott Laboratories Inc., B. Braun Medical Inc. and Roxane Laboratories Inc. n/k/a Boehringer Ingelheim Roxane Inc. and affiliated entities have agreed to pay $421 million to settle False Claims Act allegations, the Justice Department announced today. These settlements resolve claims by the United States that the defendants engaged in a scheme to report false and inflated prices for numerous pharmaceutical products knowing that federal healthcare programs relied on those reported prices to set payment rates.  The actual sales prices for the products were far less than what defendants reported.

 

http://www.justice.gov/opa/pr/2010/December/10-civ-1398.html

Comments: 3

Comments

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