Navigation Links
U.S. and 16 States Join Suits Against Pharmaceutical Giant, Wyeth
Date:5/18/2009

Drug Company Allegedly Failed to Pay Hundreds of Millions In Rebates to Medicaid Program

WASHINGTON, May 18 /PRNewswire-USNewswire/ -- The United States and 16 states have joined in two whistleblower suits filed in the District of Massachusetts against the drug manufacturer, Wyeth, alleging that the company knowingly failed to give the government the same discounts it provided to private purchasers of its drugs, as required by laws governing the Medicaid program. As a result, Wyeth allegedly avoided paying hundreds of millions in rebates due to state Medicaid programs for its drugs, Protonix Oral and Protonix IV. These drugs belong to a class of drugs known as proton pump inhibitors (PPI), which are used to suppress stomach acid.

Under the Medicaid Drug Rebate Program, drug manufacturers of brand name drugs (i.e. non-generic drugs) are required to report to the government the prices they charge their customers, including the "best price" offered for their drugs. They also are required to pay rebates to the state Medicaid programs that are calculated on any discounted prices that are offered. Congress created the Medicaid Drug Rebate Program in order to ensure that Medicaid, one of the largest purchasers of drugs in the United States and the nation's provider of health insurance to the poor and the disabled, received the benefit of the same discounts offered to large commercial customers in the marketplace.

Between 2000 and 2006, Wyeth offered steep discounts to thousands of hospitals nationwide for Protonix Oral and Protonix IV under a pricing arrangement known as the "Protonix Performance Agreement." This pricing arrangement required that the hospitals purchase both drugs together under a so-called "bundled" arrangement and it offered them a steep discount for doing so. Wyeth did this in part to gain access to the far more lucrative retail outpatient market, intending that patients who used the intravenous v
'/>"/>

SOURCE U.S. Department of Justice
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. 50 Nurses from 50 States Visit Capitol Hill to Preserve Home Health Medicare Benefit for their Patients and All Americans
2. .decimal, Inc. Gains 510k Clearance from the FDA to Market its p.d(TM) Software for Bolus Electron Conformal Therapy in the United States
3. Palomar Medical to Market Quantels SINON Tattoo Removal Laser in the United States and Canada
4. Intercell Executes Multi-Year Contract for Supply of IXIARO(R) to the United States Military
5. Increased food intake alone explains the increase in body weight in the United States
6. One in Six Young Children Live at Risk of Hunger in 26 U.S. States According to New Feeding America Report
7. Isolagen Receives Bridge Financing to Allow it to Seek Debtor-in-Possession Financing in Connection With a Possible Filing Under Chapter 11 of the United States Bankruptcy Code
8. Body-Jet Liposuction First Introduced in the United States
9. Video: New Survey Finds 97 Percent of Women Understand Weight Increases Heart Disease Risk - The Leading Cause of Female Death in the United States - Yet 55 Percent Remain Overweight
10. Swine Flu Infections Now at 141 in 19 U.S. States
11. Blue Cross and Blue Shield Companies Celebrate National Walk @ Lunch Day(R) With Simultaneous Walking Events in All 50 States
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/1/2014)... 2014 Parker Waichman LLP, a national ... injured by defective medical devices and drugs reports that ... Ethicon surgical power morcellator devices used for the removal ... the spread of cancer associated with power morcellators, according ... 2014. , Johnson & Johnson had previously ceased ...
(Date:8/1/2014)... Aug. 1, 2014 (HealthDay News) -- Almost 140 ... school transportation in the United States. But ... bus-related catastrophes, Dawne Gardner, injury prevention coordinator at ... Center, said in a medical center news release. ... returning to school, it,s important for parents and ...
(Date:8/1/2014)... Vegas, NV (PRWEB) August 01, 2014 ... and opportunities for independent community pharmacies. At ThoughtSpot ... pharmacists are equipped with practices and resources to ... Session, AmerisourceBergen leaders focused on critical issues to ... learn, optimize and grow. , ThoughtSpot show ...
(Date:8/1/2014)... 2014 The American Telemedicine Association ... (R-MS), and Peter Welch (D-VT), for their latest ... Parity Act of 2014, which improves telemedicine coverage ... to improve healthcare access and affordability using telecommunications ... ATA. "These cost-saving provisions are critical to improve ...
(Date:8/1/2014)... On Monday, June 30th, the Quirk Healthcare ... San Francisco, CA. Now in its fourth year, the ... Square hotel. , “We are excited about returning to ... ACA compliance issues,” Quirk Healthcare Foundation Executive Director, Ben ... guidance with NextGen implementation and use, electronic records documentation ...
Breaking Medicine News(10 mins):Health News:J&J's Ethicon Unit Recalls its Power Morcellator Devices After Warnings by Federal Regulators and Concern About Risk of Spreading Occult Cancer, Parker Waichman Comments 2Health News:J&J's Ethicon Unit Recalls its Power Morcellator Devices After Warnings by Federal Regulators and Concern About Risk of Spreading Occult Cancer, Parker Waichman Comments 3Health News:J&J's Ethicon Unit Recalls its Power Morcellator Devices After Warnings by Federal Regulators and Concern About Risk of Spreading Occult Cancer, Parker Waichman Comments 4Health News:Expert Offers School Bus Safety Tips 2Health News:ThoughtSpot 2014 Inspires as General Session Concludes 2Health News:ThoughtSpot 2014 Inspires as General Session Concludes 3Health News:ThoughtSpot 2014 Inspires as General Session Concludes 4Health News:ThoughtSpot 2014 Inspires as General Session Concludes 5Health News:ATA Applauds Bill on Medicare Telemedicine Improvements 2Health News:Quirk Healthcare Foundation Hosts Fifth Annual California NextGen User Symposium and Launches First Annual Florida NextGen User Symposium 2
... Lucknow bench of Allahabad High Court today stayed operation ... per cent seats in unaided private medical// and dental ... quota., ,A division bench comprising Justice Pradeep Kant ... the GO on two petitions filed by Association of ...
... bird-borne Asian virus that has left a deadly trail ... has been adopted by the the Bill & Melinda ... expanding its geographic reach and threatens several billion people ... Japanese encephalitis program at Seattle-based Program for Appropriate Technology ...
... has been opened in the Marie Curie Cancer Care hospice in ... ,The unit has made provisions for 18 individual en-suite ... ,In addition the rooms can provide for a family member ... services at the hospice, Sue Curry, claimed that there were still ...
... with at least one year’s work experience would make ... educationalist philosopher in the Journal of Medical Ethics. ... Health Policy and Practice at the University of East ... the most suitable candidates for a career in medicine. ...
... may be on the decline.This follows a finding by the ... // that HIV infection rates have remained at a similar ... and in 2005 (30.2 per cent). ,Health Minister ... there was still a great deal of work needed to ...
... are suffering due to cuts in NHS expenditure, as councils ... ,The study, which has been commissioned by the ... 10 local authorities, in areas with a NHS deficit, have ... stepping back from jointly- funded projects and referring patients to ...
Cached Medicine News:Health News:Gates Foundation Adopts Fight against Encephalitis 2Health News:Gates Foundation Adopts Fight against Encephalitis 3Health News:Older, More Rounded, and Artier Applicants make Better Medical Students 2
(Date:7/31/2014)... 2014  UBM Medica US announces that ... oncologists, presents exclusive slide shows dealing with communication in ... cancer care. Cancer Network, the ... news, blogs, and podcasts about the latest clinical findings. ... , End-of-life care is challenging for even ...
(Date:7/31/2014)... BURLINGTON, Mass. , July 31, 2014 ... healthcare funding changes brought about by the ... both reimbursement and prescribing of pharmaceutical therapies. ... (MCOs) cover beneficiaries through new regulations and ... is occurring in the health exchanges—state-based marketplaces ...
(Date:7/31/2014)... July 31, 2014  A substantial share of ... about which therapies are included in formularies—say patient ... to a new Manhattan Research study, Taking ... study finds that P&T committee members in hospitals, ... (PBMs) have set a high bar for these ...
Breaking Medicine Technology:Cancer Network Highlights Methods Oncologists Can Use to Improve Communication 2Cancer Network Highlights Methods Oncologists Can Use to Improve Communication 3Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 2Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 3Health Exchanges Drive Change In MCO Strategies And Physician Prescribing Decisions; Impact On Pharma Mixed 4Formulary Decision Makers Say Pharma-Provided Patient Support Solutions Influence Formulary Placement 2Formulary Decision Makers Say Pharma-Provided Patient Support Solutions Influence Formulary Placement 3
... , RYE, N.Y., Aug. 24 Curemark Founder ... at the Third International Epigenomics, Sequencing 2009 Conference at Harvard ... Dr. Fallon,s selection to address this cutting-edge conclave is particularly ... gene function that occur without a change in the DNA ...
... , , TITUSVILLE, N.J., Aug. 21 ... a complete response letter regarding the New Drug Application ... Ortho-McNeil-Janssen Pharmaceuticals, Inc. , , The ... Pharmaceutical Research and Development, L.L.C. (J&JPRD) on behalf of ...
Cached Medicine Technology:Curemark CEO Presents at Epigenomics Conference 2FDA Issues Complete Response Letter for Carisbamate 2FDA Issues Complete Response Letter for Carisbamate 3
... The F 250 is a portable system ... and temperature measurements. Temperature compensated pH results ... temperature probe (ATC) or a 3-in-1 electrode. ... three-point calibration with Auto-Find automatic buffer recognition ...
... highly accurate portable, waterproof system for pH, mV ... pH results can be obtained when used with ... • This GLP/GMP compliant system includes an RS-232 ... computer. Up to 100 data sets can be ...
... shelves. Over-sized compressor. Triple pane thermal ... Self-Contained System No plumbing required. Equipped ... Year Warranty on Parts & Labor and an ... Also available as a chromatography unit which includes ...
... controls for Digital Thermostat and Digital Display. ... , Interiorwhite anodized aluminum with 300 ... refrigeration (134A). , Temperature range 0C ... doors. , Foamed-in-place polyurethane high density ...
Medicine Products: