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(Reuters) -Britain's AstraZeneca said it will pay $425 million to settle lawsuits in the United States that claimed its heartburn drugs Nexium and Prilosec caused chronic kidney disease.
Pharmaceutical fraud is when pharmaceutical companies engage in illegal, fraudulent activities to the detriment of patients and/or insurers. Examples include counterfeit drugs that do not contain the active ingredient, false claims in packaging and marketing, suppression of negative information regarding the efficacy or safety of the drug, and violating pricing regulations.
The following is a list of the 20 largest settlements reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2013, ordered by the size of the total settlement. The settlement amount includes both the civil (False Claims Act) settlement and criminal fine.
A generic heartburn medicine is being tested on COVID-19 patients at Northwell Health hospitals in the New York City area, but don't rush to the drugstore, Dr. Kevin Tracey, the head of Northwell ...
Lansoprazole is used for treatment of: [3] Ulcers of the stomach and duodenum, and NSAID-induced ulcers; Helicobacter pylori infection, alongside antibiotics (adjunctive treatment), treatment to kill H. pylori causing ulcers or other problems involves using two other drugs besides lansoprazole known as "triple therapy", and involves taking twice daily for 10 or 14 days lansoprazole ...
It is the second British drugmaker to reach a settlement in the United States for its heartburn drug after GSK in June agreed to settle a U.S. lawsuit alleging its discontinued treatment Zantac ...
Another cause may be drug pricing fraud, in which a physician prescribes a patient expensive drugs, that they may or may not need, in order to profit from the receipts. [2] [3] Patients too, may participate in this. A common method is the forging of doctor prescriptions to gain access to prescription medications.