Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs #aventis #pharma

Posted On Nov 22 2017 by

#schwarz pharma # Justice News Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs WASHINGTON – Schwarz Pharma Inc. will pay $22 million to resolve False Claims Act allegations that the company failed to advise the Centers for Medicare and Medicaid Services (CMS) that two unapproved products did not qualify for coverage under federal health care programs, the Justice Department announced today. Schwarz, now a subsidiary of Belgium-based UCB S.A. is alleged to have submitted false quarterly reports to the government related to a pair of drugs, Deponit and Hyoscyamine Sulfate Extended Release (Hyoscyamine …


Dallas Pharmaceutical Startup Raises $1 Million In Investments – D Healthcare Daily #pharmaceutical #contract #manufacturers

Posted On Oct 4 2017 by

#pharmaceutical companies in dallas tx # D Healthcare Daily Dallas Pharmaceutical Startup Raises $1 Million In Investments A Dallas-based graduate of the Health Wildcatters startup incubator announced Thursday that his pharmaceutical company has raised nearly $1 million in investments just three months after the program ended. Lantern Pharma CEO Dr. Arun Asaithambi said the majority of the funds came from the angel investment firm Green Park Golf Ventures, which is also located in Dallas and has a longstanding relationship with Health Wildcatters. The company previously funneled $400,000 to Cariloop, a senior care technology company whose CEO graduated from the first …


Horizon Pharma to buy Lake Forest company for $510 million – Chicago Tribune #contract #manufacturing #pharma

Posted On Sep 30 2017 by

#horizon pharma # Horizon Pharma to buy Lake Forest company for $510 million Fast-growing Horizon Pharma is spending $510 million to buy Crealta Holdings, of Lake Forest, which makes the only approved medicine for chronic refractory gout, a disorder that affects about 50,000 Americans. The definitive agreement, announced Friday, is the latest move by Horizon to become a major pharmaceutical player, primarily through acquisitions. The company said last month its sales will double in the next four years, led by its orphan drug business. Orphan drugs, which treat rare diseases, often command high prices and profits. Horizon Pharma expects sales …


Sun Pharma to buy Dusa for $230 million #jobs #in #pharmaceuticals

Posted On Sep 30 2017 by

#dusa pharma # Sun Pharma to buy Dusa for $230 million Updated: Thu, Nov 08 2012. 11 43 PM IST Mumbai: Sun Pharmaceuticals Industries Ltd. India s most valuable drug maker, has agreed to buy US-based skincare speciality company DUSA Pharmaceuticals Inc. for $230 million ( Rs. 1,251 crore). Under the terms of the agreement, a subsidiary of Sun Pharma will commence a tender offer for all outstanding common stock of DUSA at a price of $8 per share in cash, a 38% premium to the closing price on 7 November, the Indian company said on Thursday. The transaction has …


In Guilty Plea, OxyContin Maker to Pay $600 Million #medicinal #chemistry

Posted On Sep 24 2017 by

#purdue pharmaceutical # The New York Times In Guilty Plea, OxyContin Maker to Pay $600 Million From left, Howard R. Udell, the top lawyer for Purdue Pharma; Dr. Paul D. Goldenheim, the company s former medical director; and Michael Friedman, Purdue s president. Photographs by Don Petersen for The New York Times May 10, 2007 ABINGDON, Va. May 10 — The company that makes the narcotic painkiller OxyContin and three current and former executives pleaded guilty today in federal court here to criminal charges that they misled regulators, doctors and patients about the drug’s risk of addiction and its potential …


Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs #pharma #plus

Posted On Sep 6 2017 by

#schwarz pharma # Justice News Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs WASHINGTON – Schwarz Pharma Inc. will pay $22 million to resolve False Claims Act allegations that the company failed to advise the Centers for Medicare and Medicaid Services (CMS) that two unapproved products did not qualify for coverage under federal health care programs, the Justice Department announced today. Schwarz, now a subsidiary of Belgium-based UCB S.A. is alleged to have submitted false quarterly reports to the government related to a pair of drugs, Deponit and Hyoscyamine Sulfate Extended Release (Hyoscyamine …


Million Dollar Life Insurance Policy Prices #million #dollar #term #life #insurance

Posted On Aug 22 2017 by

# Get Quote in Seconds: $1,000,000 Term Life Insurance When you start to assess your life insurance needs, you will quickly find that the amount of insurance you need to allow your family to live comfortably and payoff debts will be higher than you originally assumed. Between the money you need to provide the family with to meet immediate obligations and the future income your family will need to sustain the household, you may need a million dollar life insurance policy. After assessing how much you need to cover final expenses, outstanding debts, your outstanding mortgage. college funding for your …


URL Pharma – s $800 million deal is all about gout #pharmaceutical #industry #market #share

Posted On Aug 15 2017 by

#url pharma # URL Pharma s $800 million deal is all about gout Mike Armstrong Some think this is the classic Philadelphia story: Club boxer gets his shot at the heavyweight title and shocks the world. To me, the classic Philadelphia story is: Businessman starts a company. Son takes over and sends it to new heights. No, I m not referring to Comcast Corp. founded in 1963 by Ralph J. Roberts and now led by his son, Brian L. Roberts, who oversaw the transactions that turned it into a media giant. Today, I m talking about a different Roberts family, …


URL Pharma – s $800 million deal is all about gout #thaiger #pharma

Posted On Aug 8 2017 by

#url pharma # URL Pharma s $800 million deal is all about gout Mike Armstrong Some think this is the classic Philadelphia story: Club boxer gets his shot at the heavyweight title and shocks the world. To me, the classic Philadelphia story is: Businessman starts a company. Son takes over and sends it to new heights. No, I m not referring to Comcast Corp. founded in 1963 by Ralph J. Roberts and now led by his son, Brian L. Roberts, who oversaw the transactions that turned it into a media giant. Today, I m talking about a different Roberts family, …


Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs #api #pharma

Posted On Aug 8 2017 by

#schwarz pharma # Justice News Schwarz Pharma Pays $22 Million to Settle False Claims Allegations Concerning Reimbursement for Unapproved Drugs WASHINGTON – Schwarz Pharma Inc. will pay $22 million to resolve False Claims Act allegations that the company failed to advise the Centers for Medicare and Medicaid Services (CMS) that two unapproved products did not qualify for coverage under federal health care programs, the Justice Department announced today. Schwarz, now a subsidiary of Belgium-based UCB S.A. is alleged to have submitted false quarterly reports to the government related to a pair of drugs, Deponit and Hyoscyamine Sulfate Extended Release (Hyoscyamine …