Amerisource Cuts $625M FCA Deal Over Repacked Drugs

By Dorothy Atkins (November 22, 2017, 3:17 PM EST) -- Pharmaceutical giant AmerisourceBergen Corp. has struck a $625 million deal to settle the government's False Claims Act investigation into the drug wholesaler's practice of repackaging and selling injectable drugs, allegedly without regard to product purity, according to documents filed with U.S. securities regulators Tuesday.

The deal was made in principal and is on top of $260 million in fines and forfeitures that Amerisource agreed to pay to resolve a criminal suit. The proposed settlement still needs to be approved by the federal court, according to its 10-K filing with securities regulators, but as it's proposed, the deal is one of the...

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