DoJ and Novartis reportedly agree settlement on kickback claims
A letter accidentally filed by the US Department of Justice (DoJ) shows that the US Government and Novartis (NOVN: VX) have made "significant progress" settling claims that the Swiss pharma giant paid kickbacks to doctors.
The prematurely published document, revealed by Bloomberg, was written to US District Judge Paul Gardephe. It states that the "monetary aspect" of the settlement has been finalized.
The long-running claims, which date back to 2013, allege that the company held around 80,000 events where healthcare professionals were “wined and dined” with the aim of boosting uptake of cardiovascular products.
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