Tag:

kickbacks

Latest Headlines

Latest Headlines

Ex-Orthofix VP pleads guilty over kickback

Orthofix International's ($OFIX) former vice president of sales Thomas Guerrieri has pleaded guilty in federal court to violating the Anti-Kickback law over the sale of bone growth stimulators. 

Serono to pay $44M in U.S. kickbacks case

Another whistleblower lawsuit has ended with a settlement. Merck Serono has agreed to pay $44.3 million to resolve claims that it paid doctors to prescribe its multiple sclerosis drug Rebif, the

J&J agrees to pay $70M in corruption probe

Johnson & Johnson ( $JNJ ) has come to terms with the U.S. government again--and this time, it's not about recalled drugs, but overseas corruption. After several years of investigation by the

Biotronik responds to NYT report

Biotronik is striking back after articles appearing in the New York Times questioned payments the company made to Nevada doctors. After these reports appeared, state officials began looking into

Nevada officials look into Biotronik payments to docs

Officials in Nevada are trying to determine if a German heart device company inappropriately paid doctors to use its products. The move comes after a piece appearing Sunday in the New York Times

Wright Medical's CEO, CTO out

Tennessee-based Wright Medical Group saw a major shake-up Tuesday with the announcement that both CEO Gary Henley and CTO Frank Bono are no longer with the orthopedic device company. Henley tendered

Ex-Exactech rep to pay $56K for role in kickback scheme

A former sales rep for Exactech avoided prison but landed five years' probation and $56,000 in fines after pleading guilty to setting up a kickbacks scheme to encourage orthopedic surgeons to use the

California joins kickbacks suit against BMS

California has joined in on a whistleblower case against Bristol-Myers Squibb, unsealing allegations that the drugmaker bribed doctors to prescribe its drugs. Insurance Commissioner Dave Jones

Drugmakers settle healthcare fraud claims‎ for $421M

Yesterday was a big day for False Claims Act settlements. Abbott Laboratories ( $ABT ), B. Braun Medical and Roxane Laboratories and their affiliates agreed to pay $421 million to settle False Claims

J&J asks court to toss Omnicare kickback suit

In its first response to federal claims that it paid kickbacks to boost sales of Risperdal and other meds, Johnson & Johnson ( NYSE: JNJ ) said that it was only paying perfectly legal rebates--and