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Teva Inks $450m Deals Over US Kickback Claims, Including Alleged Copay Violations

 
• By Dean Rudge

Teva resolved two US Department of Justice civil suits accusing the firm of violating the US Anti-Kickback Statute and the False Claims Act by allegedly conspiring to fix the price of three generic drugs and paying Medicare patients’ copays for its multiple sclerosis brand product Copaxone.

Settlement newspaper headline on money
Teva is the seventh company to settle generic drug price fixing claims. • Source: Shutterstock

Teva has agreed to pay $425m to resolve a four-year-old US Department of Justice accusation that the firm violated the False Claims Act and the Anti-Kickback Statute by using two foundations to funnel hundreds of millions of dollars in kickbacks to Medicare patients for its Copaxone (glatiramer acetate), while also raising the price of the multiple sclerosis drug from approximately $17,000 per year to more than $73,000 per year.

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