Shares of Sun Pharmaceutical Industries Ltd. plunged 13 percent to near six-year lows, hit by reports that a whistleblower filed a complaint to regulators over transactions involving the top Indian drugmaker and the company’s co-promotor.
Minnesota became the latest state to sue Insys Therapeutics Inc., accusing the drugmaker of illegally marketing a powerful fentanyl-based pain medicine, while a former employee pleaded guilty in New Jersey over bribing doctors to prescribe the drug.
Novartis employees in South Korea gave kickbacks to doctors, the Swiss drugmaker said as it faces scrutiny over illegal practices to boost sales.
Allegations were made that Celgene donated millions of dollars to charities that help patients afford high-priced cancer drugs as part of a profit-making scheme.
The Ankara Chief Prosecutor has launched an investigation into the Turkish unit of Swiss drugmaker Novartis after allegations the company benefited from bribery.
As a whistleblower lawsuit against Paris-based Sanofi (SNY) steams ahead, ex-paralegal Diane Ponte alleges that Sanofi lawyers destroyed documents rather than provide them in other legal cases. Ponte has accused Sanofi, among other things, of shifting $34 million in kickbacks and “incentive payments” to doctors and pharmacies to influence them to prescribe its diabetes […]
Drugmakers AstraZeneca Plc and Cephalon, a unit of Teva Pharmaceutical Industries Ltd, reached a multistate accord on Wednesday over civil charges they overbilled state Medicaid programs, the New York Attorney General announced. The settlement with the states comes after the U.S. Justice Department settled parallel civil charges with both companies in July. The $54 million […]
PHILADELPHIA, July 7, 2015 /PRNewswire/ — Berger & Montague, P.C., a full-spectrum class action and complex civil litigation law firm with one of the largest and most successful whistleblower practices in the U.S, joined co-counsel Faruqi and Faruqi, LLP in settling three separate but related whistleblower lawsuits against pharmaceutical manufacturers AstraZeneca Pharmaceuticals LP, Cephalon, Inc., […]