A.G. Schneiderman Announces $390 Million National Kickback Settlement With Novartis Pharmaceuticals
NEW YORK - Attorney General Eric T. Schneiderman today announced that his office reached an agreement in principle to settle kickback claims against Novartis Pharmaceuticals Corporation ("Novartis"). The settlement will resolve allegations that Novartis paid kickbacks to three specialty pharmacies to incentivize them to push Medicaid patients to order refills of the drug Exjade. Under the settlement, Novartis has agreed to pay $390 million to the United States, New York, and over forty other states. About $18.5 million of the settlement will resolve claims relating to New York's Medicaid program.
- Date:November 20, 2015
- Agency:New York Attorney General
- State Enforcement Agencies