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C R Bard to pay $48 million to settle kickback allegations, DOJ says

(Reuters) - Medical device maker C.R. Bard Inc will pay about $48.3 million to resolve allegations it made illegal payments to hospitals and physicians to entice them to buy its radiation treatment for prostate cancer, the Justice Department said....  More »

Ranbaxy shares slump on $500 million fine to settle US drug safety charges

MUMBAI (Reuters) - Ranbaxy Laboratories Ltd shares fell 3.4 percent in pre-open trading on Tuesday after the Indian generic drugmaker pleaded guilty to U.S. felony charges related to drug safety and will pay $500 million in civil and criminal fine...  More »

Amgen to pay $25 million to settle kickback allegations

(Reuters) - Amgen Inc has agreed to pay $24.9 million to settle allegations that it provided kickbacks to long-term care pharmacy providers to entice them to use its Aranesp anemia drug instead of a rival medicine, the Department of Justice announ...  More »

AstraZeneca settles Crestor patent row with generics firms

LONDON (Reuters) - AstraZeneca has settled a legal fight over its top-selling cholesterol drug Crestor with generics companies, protecting revenues in the all-important U.S. market until 2016. Under the agreement, Watson and Egis concede that the ...  More »

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