UPDATE 2-Drugmakers Jazz, Alexion, Lundbeck to pay $123 mln to resolve U.S. charity kickback probe [Reuters (UK)]
Jazz Pharmaceuticals plc - Ordinary Shares (JAZZ)
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Source: Reuters
Drugmakers Jazz, Alexion, Lundbeck to pay $123 million to resolve U.S. charity kickback probe - Reuters 3 Min Read BOSTON (Reuters) - Three drugmakers will pay $122.6 million to resolve claims they used charities that help cover Medicare patients’ out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging use of their medications, including some expensive ones. The U.S. Justice Department on Thursday said Jazz Pharmaceuticals Plc, Lundbeck A/S and Alexion Pharmaceuticals Inc were the latest companies to settle claims stemming from an industry-wide probe of drugmakers’ financial support of patient assistance charities. The government has alleged in earlier settlements that drugmakers used such charities as a means to improperly pay the copay obligations of Medicare patients using their drugs, in violation of the Anti-Kickback Statute. The investigation came amid growing attention to soaring U.S. drug prices. Copays are partly meant to serve as a check on healthcare expense
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JAZZ
Earnings
- 2/28/24 - Beat
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Sec Filings
- 4/9/24 - Form 4
- 3/8/24 - Form 4
- 3/7/24 - Form 4
- JAZZ's page on the SEC website