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

ersion of Protonix in the hospital would later purchase Protonix Oral once they were discharged from the hospital. Under the Protonix Performance Agreement, hospitals that placed both products on their formularies and attained certain market share requirements were entitled to up to a 94% discount off the list price of Protonix Oral and up to 80% off the list price of Protonix IV. Although Wyeth was required under the Medicaid Drug Rebate Program to determine the effective prices paid by hospitals under this arrangement, and to pass along the benefit of the lowest prices to the state Medicaid programs, Wyeth allegedly failed to do so and therefore avoided paying hundreds of millions of dollars to Medicaid in quarterly rebates.

"Our complaint charges that Wyeth created the Protonix bundle so they could increase their market share at the expense of the Medicaid program -- a program to provide the least advantaged Americans with necessary medical care and services," said Tony West, Assistant Attorney General for the Civil Division. "By offering massive discounts to hospitals, but then hiding that information from the Medicaid program, we believe Wyeth caused Medicaid programs throughout the country to pay much more for these drugs than they should have."

The two separate civil False Claims Act suits - called qui tam actions - were filed against Wyeth and are pending in the District of Massachusetts. In addition to the United States, California, Delaware, the District of Columbia, Florida, Illinois, Indiana, Louisiana, Massachusetts, New York, Michigan, Nevada, New Hampshire, Tennessee, Texas, Virginia and Wisconsin also have intervened in the whistleblower suits against Wyeth.

"The best price reporting requirement is designed to assure that the nation's healthcare programs for the poor - the Medicaid programs - are treated equally with drug companies' best commercial customers," said Michael K. Loucks, Acting U
'/>"/>

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:6/3/2015)... Veatch Consulting Services is excited to announce their achievement ... in April 2006, they have made it a priority ... and every year they have worked diligently in surpassing ... that they are off to a great start already ... year is the Customer Review site veatchconsultingreviews.weebly.com. At this ...
(Date:6/3/2015)... Israel (PRWEB) June 03, 2015 evigilo, ... multi-channel solutions, has showcased its new branding by launching ... , "The new brand identity: the logo depicting ... red, to green, the tagline – To Know. To ... new path evigilo is charting. A global, borderless approach ...
(Date:6/2/2015)... 02, 2015 The organic cotton market ... Report, an annual study conducted by Textile Exchange, an ... industry. The report, released today, encompasses extensive data about ... worldwide level and also takes the opportunity to celebrate ... , The last several years have been ...
(Date:6/2/2015)... Aidan Booth And Steve Clayton's ... yesterday, and has since received rave reviews from ... Tiffany Hendricks has weighed in with her opinion ... on her website HonestyFirstReviews.com. , "These days the ... looking to hone their business skills has gotten ...
(Date:6/2/2015)... June 02, 2015 April 8th, 2015, ... venue into Durkin Entertainment’s “RockNRolla Movie Awards” EcoLuxe Lounge, ... that gathered some of the world’s top providers of ... event was organized by Debbie Durkin, Los Angeles’ leading ... the EcoLuxe Lounge is a premier red carpet event ...
Breaking Medicine News(10 mins):Health News:Veatch Consulting Services Is Breaking New Ground in Customer Satisfaction 2Health News:Veatch Consulting Services Is Breaking New Ground in Customer Satisfaction 3Health News:Keep calm! evigilos' "sun" will come out tomorrow – to know, to act, in time. 2Health News:Organic Cotton Market Sees 10% Growth Following Three Years of Decline 2Health News:Organic Cotton Market Sees 10% Growth Following Three Years of Decline 3Health News:Organic Cotton Market Sees 10% Growth Following Three Years of Decline 4Health News:Organic Cotton Market Sees 10% Growth Following Three Years of Decline 5Health News:100K Factory - Review of Aidan Booth and Steve Clayton's New IM System Published 2Health News:Choices Recovery South Bend Discusses Addiction With Rising Hollywood Star Ben Stillwell 2
... The number of U.S. hospitals has,decreased by 20% ... in 1975 to 5,747 in,2007. Meanwhile, staff shortages, ... errors, and rising administrative,and energy costs are squeezing ... costs, hospitals are increasingly turning,to the use of ...
... informed about health care services, ... ... (VA) has selected EDS to provide outbound calling services,and inbound callback support ... combat veterans more aware of,health care services and benefits available from the ...
... - Southeastern,Michigan Chapter took time out this week to ... of their time to help the Chapter,provide crucial support ... American Red Cross Volunteer Recognition events were held on,Monday ... night at Club,Venetian in Madison Heights., Red Cross ...
... - For low-back pain patients and their doctors, the ... is expanding its evidence-based, clinical practice guideline on diagnosis ... recommendations on surgery and other interventional treatments. The ... the APS Annual Scientific Meeting. , The second ...
... 9 /Xinhua-PRNewswire/ -- China Medicine,Corporation (OTC Bulletin ... leading developer and distributor of prescription and ... and dietary supplements, and medical devices and ... a conference call at,10:00 a.m. Eastern Time ...
... Offers In-Depth Understanding of Female Sexual Abuse of Minors, ... term "sexual,perpetrator" is tossed out there for consideration, a ... likely, this picture does not,involve a female perpetrator, but ... is a quickly growing phenomenon, and the National,Criminal Census ...
Cached Medicine News:Health News:Can Wireless Technologies Rescue U.S. Hospitals? 2Health News:EDS Chosen to Manage Combat Veteran Call Center for Department of Veterans Affairs 2Health News:American Red Cross of Southeastern Michigan Celebrates Outstanding Volunteers for Years of Service 2Health News:American Pain Society's low back guideline expanded to cover interventional procedures 2Health News:American Pain Society's low back guideline expanded to cover interventional procedures 3Health News:China Medicine Announces Conference Call to Discuss First Quarter 2008 Results 2Health News:'Mommy Didn't Know': Female Sexual Offenders in the U.S. 2
(Date:6/2/2015)... 3, 2015 Today, the world,s ... As markets become ever more transparent, the importance of ... recognised long ago. Its maxim of "innovation brings progress ... and digitisation. The company has long been ... of the art" technology and modern approach, while also ...
(Date:6/2/2015)... 2, 2015  Endo International plc (NASDAQ: ENDP ... that it has commenced an underwritten public offering of ... shares in the offering are to be sold by ... to the underwriters of the Offering an option, exercisable ... of the final prospectus supplement, to purchase an additional ...
(Date:6/2/2015)...  MGC Diagnostics Corporation (NASDAQ: MGCD ), ... results for the second quarter ended April 30, ... equipment, supplies and accessories revenues, compared to the ... During the quarter, competitive account conversions totaled 12 ... accounts, or $850,000 in revenue for the same ...
Breaking Medicine Technology:Endo International plc Announces Proposed Public Offering of $1.75 Billion of Ordinary Shares 2Endo International plc Announces Proposed Public Offering of $1.75 Billion of Ordinary Shares 3Endo International plc Announces Proposed Public Offering of $1.75 Billion of Ordinary Shares 4MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 2MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 3MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 4MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 5MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 6MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 7MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 8MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 9MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 10MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 11MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 12MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 13MGC Diagnostics Corporation Reports Fiscal 2015 Second Quarter Results 14
... 2007 - Lux Biosciences,Inc., a privately held biotechnology ... today that the company's,next-generation calcineurin inhibitor, LX211, is ... Research in Vision and,Ophthalmology (ARVO) annual meeting, being ... an oral presentation being given on May 5 ...
... at 59th American Academy of Neurology Annual Meeting, ... /PRNewswire/ --,PTC Therapeutics, Inc. (PTC), a biopharmaceutical company ... targeting,post-transcriptional control processes, today announced positive,interim data from ... patients,with Duchenne muscular dystrophy (DMD) due to a ...
Cached Medicine Technology:Lux Biosciences' Investigational Therapy for Uveitis, LX211, is,Subject of Two Presentations at Key Ophthalmology Meeting, ARVO,2007 2Lux Biosciences' Investigational Therapy for Uveitis, LX211, is,Subject of Two Presentations at Key Ophthalmology Meeting, ARVO,2007 3Lux Biosciences' Investigational Therapy for Uveitis, LX211, is,Subject of Two Presentations at Key Ophthalmology Meeting, ARVO,2007 4PTC Therapeutics Announces Additional Positive Interim Phase 2,Results of PTC124 in Duchenne Muscular Dystrophy 2PTC Therapeutics Announces Additional Positive Interim Phase 2,Results of PTC124 in Duchenne Muscular Dystrophy 3PTC Therapeutics Announces Additional Positive Interim Phase 2,Results of PTC124 in Duchenne Muscular Dystrophy 4PTC Therapeutics Announces Additional Positive Interim Phase 2,Results of PTC124 in Duchenne Muscular Dystrophy 5
Designed as an excellent form of primary suspension...
... Bird and Cronin, ... manufacturer of Patient Footwear, ... Patient Care Products. Our ... highest quality and available ...
... orthosis is designed to comfortably restrict ... allowing unobstructed motion of the fingers ... fit the splint may be trimmed ... a heat gun. One cotton stockinet ...
... Cronin, Inc. is a ... Footwear, Orthopedic Softgoods, and ... Our products are of ... available in the USA ...
Medicine Products: