Posts Tagged 'welchol'

Daiichi Sankyo to Pay $39 Million to Settle Kickback Claims After Whistleblower Lawsuit

Daiichi Sankyo Co Ltd, a global pharmaceutical company, is being forced to pay $39 million to the United States government and state Medicaid programs to settle claims that the company paid doctors kickbacks to prescribe its drugs. Reuters reported that the fine was negotiated with the Department of Justice based on a whistleblower case by a former sales representative.

The lawsuit alleged that Daiichi paid doctors kickbacks from 2004 to 2011 to endorse the company’s various pharmaceutical ...

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