Abbot Laboratories will pay US$ 25 million for bribing doctors to prescribe TriCor


Source: MercoPress




The U.S. Justice Department announced the settlement, which resolves claims first raised in a whistleblower lawsuit filed in federal court in Philadelphia in 2009
Abbot Laboratiories AbbVie Inc will pay a total of US$25 million to resolve allegations that Abbott paid kickbacks to doctors in exchange for prescribing the cholesterol drug TriCor and promoted the medication for unapproved purposes.

The U.S. Justice Department on Friday announced the settlement, which resolves claims first raised in a whistleblower lawsuit filed in federal court in Philadelphia in 2009 by a former Abbott sales representative. AbbVie was spun out of Abbott in 2013.

Neither company, both of which are based in Chicago, admitted to wrongdoing as part of the settlement. AbbVie in a statement said the settlement concerned sales and marketing practices that occurred over a decade ago.




Cont'd.

LINK:
http://en.mercopress.com/2018/10/27/abbot-laboratories-will-pay-us-25-million-for-bribing-doctors-to-prescribe-tricor

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