Dec. 22 (Bloomberg) -- Johnson & Johnson was sued by an AIDS treatment group that said the drugmaker overcharged for medications purchased under a federal program.
In the lawsuit, the AIDS Healthcare Foundation accused J&J, the world’s largest health products company, of failing to provide discounts required by federal law for medicines used by nonprofit charities that provide treatment for people with HIV, the AIDS-causing virus. The suit named J&J’s Centocor Ortho Biotech and Tibotec Therapeutics units.
The AIDS group claims that J&J overcharged it by more than $68,000 for the medications from Jan. 1 to June 30, according to the suit filed yesterday in U.S. District Court in Los Angeles. In November, AIDS Healthcare filed a similar suit against Bristol-Myers Squibb Co., said Michael Weinstein, the group’s president, in a telephone conference call today.
Wednesday, December 22, 2010
J&J Overcharged for Medications, AIDS Group Says in Lawsuit - BusinessWeek
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1 comment:
Must put heavy fines and be sued for these kind of unethical Business practices.
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