U.S. alleges Regeneron used drug charity to pay kickbacks

BOSTON (Reuters) - The U.S. Justice Department on Wednesday sued Regeneron Pharmaceuticals Inc, accusing it of using a charity that helps cover Medicare patients' drug costs as a means to pay kickbacks for using its expensive macular degeneration drug Eylea

Reuters June 25, 2020 00:08:01 IST
U.S. alleges Regeneron used drug charity to pay kickbacks

US alleges Regeneron used drug charity to pay kickbacks

BOSTON (Reuters) - The U.S. Justice Department on Wednesday sued Regeneron Pharmaceuticals Inc, accusing it of using a charity that helps cover Medicare patients' drug costs as a means to pay kickbacks for using its expensive macular degeneration drug Eylea.

The government filed a lawsuit against the company in federal court in Boston, the latest case to result from an industry-wide probe of drugmakers' financial support of patient assistance charities.

(Reporting by Nate Raymond in Boston; Editing by Chizu Nomiyama)

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