Tuesday, September 15, 2009

Biovail - Cardizem LA: fined for kickbacks

The U.S. attorney's office in Boston announced Monday that Massachusetts-based Biovail Pharmaceuticals Inc. was sentenced to pay $22.2 million after pleading guilty to conspiracy and kickback charges.

The company also will pay a $2.4 million civil penalty.

Prosecutors alleged Biovail paid thousands of physicians and others up to $1,000 apiece to induce them to prescribe or recommend Cardizem LA.

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