I’m not defending what Novartis did or trying to find an excuse for the company. It violated the FCPA, and (along with a former subsidiary) paid nearly $347 million in penalties and disgorgement to resolve the offenses.… Continue Reading
Posts Tagged: Abbott Laboratories
Much should be written soon about the suicide note from Ashish Awasthi: “I am going to commit suicide because I can’t meet my company’s sales target and my company is pressuring me.”… Continue Reading
A former employee of Abbott Laboratoratories will collect $1 million from a $9 million settlement in a kickback case against the nation’s second-largest nursing home pharmacy, PharMerica Corp.
The settlement resolved allegations in a False Claims Act lawsuit filed by Meredith McCoyd that PharMerica solicited and received kickbacks from drug maker Abbott in exchange for promoting the prescription drug Depakote for nursing home patients.… Continue Reading