Mallinckrodt LLC, pharmaceutical manufacturer and one of the largest producers of oxycodone will pay $35 Million settling assertions that it violated the Controlled Substances Act (CSA) says the DOJ. The government alleged that Mallinckrodt failed to design and implement an effective system to detect and report "suspicious orders" for controlled substances "ñ orders that...
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Category: Pharmaceutical
New CMS data reveals: Pharma and device companies paid $8.2 billion to doctors and hospitals last year
According to newly released data from the Centers for Medicare and Medicaid Services (CMS), pharmaceutical and medical device companies paid over $8.2 Billion to doctors and hospitals in 2016, mostly for research and for things like enrolling patient into new clinical studies and carrying on those studies. The research payments also went to compensate...
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Securities and Exchange Commission charge 2 Ariad Pharma employees with insider trading
The Securities and Exchange Commission charged two former senior employees of Ariad Pharmaceuticals, Inc. with insider trading aheadof announcements about U.S. Food and Drug Administration decisions involving main cancer drug. According to the SEC’s complaint, Harold Altvater, whose wife was an Ariad employee, allegedly made multiple illegal trades in Ariad stock on...
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Missouri Attorney General Sues 3 big pharma makers of opioids alleging fraud
Missouri Whistleblower News
Missouri Attorney General Josh Hawley filed a lawsuit today against three large drug manufacturing companies in the Circuit Court of St. Louis City. Hawley is suing Purdue Pharma, Endo Health Solutions and Janssen Pharmaceuticals. The lawsuit alleges that these companies fraudulently misrepresented the serious risks posed by the drugs they manufacture and...
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One in seven hospital acquired infections are now antibiotic resistant says CDC
The United States Centers for Disease Control and Prevention (CDC) has issued a report based on data from 4000 hospitalizations, which concludes that one in seven infections in acute care hospitals are caused by antibiotic resistant hospital infections.According to the findings, one in seven infections in acute care hospitals, related to catheters...
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Prosecutors target opioid drug makers for deceptive marketing
Three Tennessee prosecutors have filed a lawsuit accusing several drug manufacturers of deceptive marketing which they say resulted in an epidemic of addiction to painkillers. The lawsuit is also being taken by the guardian of a baby which was born dependent on opioid drugs.
According to the suit, Baby...
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Strongly addictive painkiller Subsys prescribed for patients who should not have received it
A whistleblower Patty Nixon, who worked as a sales representative for the drug manufacturer Insys, says that its major drug Subsys was prescribed for patients who never should have had it.She's a former Insys sales rep turned whistleblower. According to the company web-sire the drug contains the massively strong medication fentanyl and it is...
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Johnson & Johnson reveals investigation and subpoenas from DOJ over arthritis co-payment program
Johnson & Johnson revealed to investors on Monday its Janssen Biotech Inc. is under investigation by the United States Department of Justice regarding i a False Claims Act case about two of its arthritis drugs, while also reporting a separate probe by the U.S. attorney's office in Massachusetts over copayment support programs.
The company said...
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Walgreens pays $50 million to settle claim it violated anti-kickback law. whistleblower gets $9.7 million
Companies, including pharmacies and their parent entities are frequently trying to find ways to attract the buying public to purchase their pharma products rather than from their competition. However, the law does not allow beneficiaries of government health insurance programs like Medicare, Medicaid or TriCare to receive anything of value in return for their...
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Texas attorney general lawsuit charges CVS with cheating Medicaid by exaggerating prices on meds
CVS and Walgreens, the two largest pharmacies in Texas have been charged with cheating the Medicaid program by exagerrating prices on medications and raking in larger reimbursements than they would be allowed.
CVS' filed a lawsuit in December, stating that the pharmacy had the state's blessing to use the prices that are now asserted for...
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