Teva sued again over Copaxone sales practices
The US Department of Justice (DoJ) announced it is suing Teva Pharmaceutical Industries (NYSE: TEVA) over kickback allegations, shaving a tenth off the Israeli generics giant’s share price on Tuesday.
The suit comes just months after the firm agreed to pay over $50 million to settle DoJ bribery allegations related to Copaxone (glatiramer acetate) and Azilect (rasagiline) prescriptions.
In 2016, Teva paid over half a billion dollars to settle allegations of foreign bribery.
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