Tag Archives: settle

Novartis could settle for $1B as part of federal kickback lawsuit: report

Six years after federal prosecutors first targeted Novartis for an alleged kickback scheme involving $ 10,000 dinners and fishing trips for doctors, signs pointed to the Swiss drugmaker finally having its day in court. Now, it looks like that may not happen. Novartis could be approaching a billion-dollar settlement with the U.S. government as part… Read More »

J&J, U.S. states settle hip implant claims for $120 million

(Reuters) – Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $ 120 million to resolve deceptive marketing claims by several U.S. states over the company’s metal-on-metal hip implants. FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo Attorneys general of 46… Read More »