Attorney General Olens Announces Settlement of Kickback Allegations Against Novartis Pharmaceuticals
Attorney General Sam Olens announced today that Georgia had received all settlement proceeds related to a December 2015 civil settlement agreement reached with Novartis Pharmaceuticals Corporation ("Novartis"). Novartis, headquartered in New Jersey, is a subsidiary of the Swiss pharmaceutical company Novartis AG. The settlement resolves allegations that Novartis provided kickbacks to certain specialty pharmacies in exchange for those pharmacies' recommendation of two of its drugs, Exjade and Myfortic. Under the settlement, Novartis paid $390 million to the United States and over forty states, and Georgia received more than $4.1 million.
- Date:February 22, 2016
- Agency:Attorney General of Georgia
- State Enforcement Agencies