Tuesday, December 18, 2012

Amgen to pay $762 million, pleads guilty in marketing case

Amgen to pay $762 million, pleads guilty in marketing case
NEW YORK (Reuters) - Amgen Inc pleaded guilty in a New York federal court on Tuesday for improper marketing practices involving its once top-selling Aranesp anemia drug, and prosecutors said the company has agreed to pay $762 million in a civil settlement and criminal fines. The world's largest biotechnology company had set aside funds it expected to have to pay as a result of federal and state investigations, as well as nearly a dozen civil whistleblower lawsuits. ...
Source: news.yahoo.com

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