Opioids, price-fixing and now kickbacks. Prosecutors add another ‘enriching’ scheme to the claims against Teva
Teva Pharmaceuticals $TEVA is in legal trouble again, this time for allegedly defrauding Medicare.
On Tuesday, federal prosecutors sued the Israeli drugmaker, accusing them of paying hundreds of millions of dollars to two foundations as part of a scheme to boost sales for the blockbuster multiple sclerosis drug Copaxone. The suit comes after a series of legal challenges — largely over their role in the opioid crisis and in price-fixing schemes with other generic producers — that have helped knock Teva from its former position as one of the world’s top drugmakers.
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