Consulting Firm McKinsey to Pay $650M to Resolve Criminal Opioid Probe December 13, 2024 By Nate Raymond and Mike Spector McKinsey & Co. has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting...
McKinsey in Talks to Pay More Than $600M to Resolve Probe, Sources Say November 22, 2024 By Nate Raymond and Mike Spector McKinsey & Co. is in the final stages of negotiating a deferred prosecution agreement to resolve a U.S. criminal investigation...
Bristol Myers Faces Renewed, $6.7B Lawsuit Over Delayed Cancer Drug November 15, 2024 By Jonathan Stempel Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene shareholders by delaying...
GSK to Settle 80,000 Zantac Cases for Up to $2.2 Billion October 10, 2024 By Ashleigh Furlong and Jef Feeley GSK Plc said it will pay as much as $2.2 billion to resolve about 80,000 US court cases related to...
Texas Attorney General Sues Insulin Makers and Pharmacy Middlemen Over High Costs October 4, 2024 By Puyaan Singh and Mariam Sunny The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate...
Bristol Myers Beats $6.4 Billion Lawsuit Over Delayed Cancer Drug October 1, 2024 By Jonathan Stempel Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by...
Abbott, Reckitt Face Trial Over Premature Baby Formula Amid Alarm From Doctors September 30, 2024 By Brendan Pierson A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and...
FTC Sues Drug Middlemen Over Manipulating Insulin Market September 23, 2024 By John Tozzi and Leah Nylen The U.S. Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing...
Boehringer Ingelheim Faces Second Hung Jury in Chicago Zantac Trial September 20, 2024 By Brendan Pierson The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday,...
Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges September 16, 2024 By Jonathan Stempel Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that...