pharmaceutical company News

Pharma Company to Pay $12.6M to Settle Kickback Allegations

DOVER, Del. (AP) — A Delaware pharmaceutical company has agreed to pay $12.6 million to resolve allegations that it violated the federal False Claims Act by paying kickbacks. Department of Justice officials said in a news release Tuesday that the …

Teva Wins Patent Case Related to Orexo Opioid-Treatment Drug

A U.S. jury on Friday rejected a claim by Sweden’s Orexo AB that two generic opioid-addiction treatments created by Teva Pharmaceutical Industries Ltd. infringed a patent for Orexo’s biggest drug, Zubsolv. A Teva unit had created copies of the drugs …

Ernst & Young Paying $2M in Audit Settlement

The watchdog agency for the accounting industry said Wednesday that it has fined big firm Ernst & Young $2 million for alleged lapses in three audits of a pharmaceutical company. The Public Company Accounting Oversight Board said the civil fine …