Novartis pays over $700 million to settle U.S. kickbacks case

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Novartis is accused of having hosted tens of thousands of speaker programs and events which the United States Department of Justice says were used to bribe physicians.

The company's chief executive Vas Narasimhan described the settlements as"an important milestone on our journey to build trust with society."

"Through this settlement and others, the government has demonstrated its commitment to ensuring that drug companies do not use kickbacks to influence the drugs prescribed by doctors or purchased by patients," Assistant Attorney General Jody Hunt said on Wednesday, July 1. Representatives often dropped doctors from the speaker program if they failed to increase prescriptions, the Department of Justice said.

 

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