SAN FRANCISCO (MarketWatch) -- Novartis Vaccines & Diagnostics Inc. and Novartis Pharmaceuticals Corp. will pay $72.5 million to resolve allegations that Novartis /quotes/comstock/13*!nvs/quotes/nls/nvs (NVS 49.82, -0.72, -1.42%) marketed TOBI, a cystic fibrosis drug, for unapproved uses, the Department of Justice said Tuesday. This in turn led to the submission of false claims to federal health care programs. "Pharmaceutical companies must not promote their drugs for uses that have not been proven to be safe and effective," said Tony West, assistant attorney general for the DOJ's civil division.
Looking beyond the spin of Big Pharma PR. But encouraging gossip. Come in and confide, you know you want to! “I’ll publish right or wrong. Fools are my theme, let satire be my song.” Email: jackfriday2011(at)hotmail.co.uk
Wednesday, May 05, 2010
Novartis to pay $72.5 mln in drug claim settlement - MarketWatch
via marketwatch.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment