TheStreet: Teva Sued by U.S. Government Over Alleged Copaxone Kickbacks.
The government claims Israel-based Teva gave two purportedly independent charitable foundations more than $300 million for Medicare co-payments of Copaxone patients, Reuters reported.
Teva shielded patients from a 300% surge in Copaxone's price through use of the foundation. That created hundreds of millions of dollars of false claims and a matching amount of revenue for Teva, the government claimed.
https://www.thestreet.com/investing/...care-kickbacks
The government claims Israel-based Teva gave two purportedly independent charitable foundations more than $300 million for Medicare co-payments of Copaxone patients, Reuters reported.
Teva shielded patients from a 300% surge in Copaxone's price through use of the foundation. That created hundreds of millions of dollars of false claims and a matching amount of revenue for Teva, the government claimed.
https://www.thestreet.com/investing/...care-kickbacks