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Teva Announces Settlement In Principle Regarding Certain Drug Pricing Lawsuits

Submitted by MedicalReplies on Monday, 8 February 2010No Comment

Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced that several of its subsidiaries in the United States reached a settlement in principle to resolve claims brought by Ven-A-Care of the Florida Keys, Inc. on behalf of the United States, Texas, Florida, and California under federal and state False Claims Acts. Together with many other pharmaceutical manufacturers, Teva is named in numerous civil lawsuits that relate to drug price reporting by manufacturers in about 15 states…

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Teva Announces Settlement In Principle Regarding Certain Drug Pricing Lawsuits

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