AmerisourceBergen Corporation and its subsidiaries have agreed to pay $625 million to settle charges that improperly repackaged oncology-supportive injectable drugs into pre-filled syringes and improperly distributed those syringes to physicians treating vulnerable cancer patients. Last year, AmerisourceBergen Specialty Group, a wholly-owned subsidiary of AmerisourceBergen Corporation, pled guilty to illegally distributing misbranded drugs...
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Category: Pharmaceutical
Sanofi pharmaceutical to pay over $25 million to settle bribes to Kazakhstan officials
The Securities and Exchange Commission today announced that Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business.
According to the SEC's order, the schemes spanned multiple countries and involved bribe payments...
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AstraZeneca pays $110 million to Texas to settle whistleblower charges of false marketing of antispychotic Seroquel and statin Crestor
Pharmaceutical company AstraZeneca will pay $110 million to the state of Texas to settle lawsuits alleging that the company falsely and misleadingly marketed two of its drugs in violation of the Texas Medicaid Fraud Prevention Act. AstraZeneca was accused of engaging in false and misleading marketing schemes at a time when the company was...
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Owner of Pharmacy Gets 15 Years in Prison Over $100 Million Pharmacy Fraud Scheme
Massive Pharmacy Fraud Scheme Involved Bribes for Patient Information
A Florida man was sentenced to 15 years in prison for pharmacy fraud that involved $100 million in scams. The wide-reaching scheme impacted private insurance companies, and Medicare and TRICARE.
The Pharmacy Fraud
Nicholas...
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On line Canadian pharmacy fined $34 million for illegal imports to U.S.
Canada Drugs, an online Canadian pharmacy is expected to be fined $34 million for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States. The company has filled millions of prescriptions. U.S. prosecutors assert Canada Drugs' business is based on illegally importing unapproved and misbranded drugs not just from Canada,...
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No Real Action Being Taken On Pharmaceutical Waste dangerous consequences
One of the world's largest drug manufacturing locations is becoming the center of a raging debate about the cost of good jobs versus safe drinking water. Hyderabad, India has become an economic center thanks to drug companies setting up shop. But alarming new reports say the monetary boost for the locals and big pharma...
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Common superbacteria have learned to hide resistance to “last resort” antibiotic
Some common super-bacteria have developed a resistance to a last-resort antibiotic, worrying doctors that the dangerous bacteria can evade one of what was thought to be a last resort antibiotic. But researchers from Emory University found this drug-resistant bacteria.
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Federal Investigators Target Doctors in Hopes of Fighting the Opioid Crisis
New Tactics By The Justice Department Mean More Doctors May be Prosecuted
A new group of federal law enforcement nabbed their first indictment of a doctor in the fight against the opioid crisis. Valley News reports, the nationwide effort of law enforcement officials gives them all new access to prescription...
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New Year, New Drug Prices for Consumers
Several Pharmaceutical Companies Started 2018 by Increasing Drug Prices
Big Pharma rang in the New Year by having customers ring up higher drug prices at the checkout counter. According to Stat News, several big-name drug makers hiked prices up nearly 10%.
Allergan (AGN) upped the price...
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Surgeons reduce use of antibiotics before surgery to curb resistance
Growing Resistance to Antibiotics and How its Changing Routine Surgery
One of the most significant steps in preparation for surgery is the dose of prophylactic antibiotics that a patient receives before the actual procedure even begins. Because antibiotics have helped to reduce the risk of infection during surgery to a minimum, the majority of the...
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