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Biogen Trades At 12-Month High Following Alzheimer s Drug Success, US$900-Million Settlement On Kickback Lawsuit

Fresh off a US$900 million settlement agreement, Biogen, Inc (Nasdaq: BIIB) announced positive topline results from the phase 3 study

Biogen Inc Agrees to Pay $900 Million to Settle Allegations Related to Improper Physician Payments

The settlement announced today resolves a lawsuit filed and litigated by former Biogen employee Michael Bawduniak against Biogen under the qui tam or whistleblower provisions of the federal False Claims Act, which permit a private party (known as a relator) to file a lawsuit on behalf of the United States and receive a portion of any recovery.

Biogen Inc False Claims to Medicare and Medicaid Kickbacks

Pharmaceutical company Biogen Inc. based in Cambridge Massachusetts agreed to pay $900 million to resolve allegations caused submission of false claims to Medicare and Medicaid paying kickbacks to physicians to prescribe Biogen drugs. Litigated by former Biogen employee Michael Bawduniak.

Biogen Agrees To Pay $900 Mln Over Kickback Allegations

WESTON (dpa-AFX) - Biogen Inc. (BIIB) agreed to pay $900 million to settle allegations that the company caused the submission of false claims to Medicare and Medicaid by paying kickbacks to physicians

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