Life Sciences Cos. Should Assess Charitable Donations Programs
Law360 (June 20, 2018, 3:27 PM EDT) -- On June 6, 2018, H. Lundbeck A/S announced that its subsidiary, Lundbeck LLC, (referred to as Lundbeck), has reached a $52.6 million agreement-in-principle with the U.S. Attorney's Office for the District of Massachusetts, or USAO-MA, to resolve an investigation into its donations to independent copay assistance charities. This announcement comes over three years after the USAO-MA launched an industry-wide investigation into manufacturer donations to charities providing copay assistance to federal health care program beneficiaries, and this is the fifth company in the last nine months to announce a finalized resolution or agreement-in-principle to resolve an investigation with this office. As reflected...
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