Valeant agrees to pay $54 million to settle charges

Tim Casey | | Cardiovascular Business | Economics

Valeant Pharmaceuticals agreed to pay $54 million to settle a civil lawsuit, Reuters reports. The U.S. Department of Justice (DOJ) announced on June 9 that the agreement between the government and Valeant pertains to allegations against Salix Pharmaceuticals, which Valeant acquired in April 2015.

The DOJ alleged that “Salix paid illegal kickbacks to induce doctors to prescribe seven of its products, causing the submission of thousands of fraudulent reimbursement claims to the U.S. government,” according to Reuters.

Valeant pays $54 million to settle U.S. kickback, fraud claims

Tim Casey,

Executive Editor

Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.

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