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: Pharma 101 - Pharmaceutical Fraud

Drug Companies Pay $421 Million to Settle Inflated-Price Allegations

By Nolan and Auerbach

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Recently, the U.S. Justice Department announced settlements with three pharmaceutical companies for a total of $421 million to settle allegations they reported “false and inflated prices” for pharmaceutical products knowing that government health care programs would use those reported prices to set payment rates. According to the Justice Department, the actual sales prices for the products were “far less” than what the companies reported. In this trio of False Claims Act read more

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Full post as published by Pharma 101 - Pharmaceutical Fraud on January 24, 2011 (boomark / email).

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