Thursday, February 2, 2023

Biogen to pay $900 million to settle allegations it paid doctors kickbacks to prescribe multiple sclerosis drugs

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  • A former Biogen employee turned whistleblower, Michael Bawduniak, alleged Biogen paid kickbacks to doctors to encourage them to prescribe its multiple sclerosis drugs.
  • Bawduniak will receive about $250 million of the federal proceeds, according to the Justice Department.
  • Biogen, in a statement Monday, denied any wrongdoing in the case.

Biogen disclosed in its second quarter report that it had reached an agreement in principle to pay $900 million to resolve the lawsuit.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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