Aspects of Novartis Whistleblower Talks Released

Share

Bloomberg News reports that a letter from a U.S. attorney describing settlement discussions with Novartis to resolve a six-year-old whistleblower suit alleging the company made illegal kickbacks to doctors to promote and use several of its drugs was accidentally made public for a short time before it was removed from a federal court docket. The news service says the letter indicated that “significant progress” had been made in the settlement talks and that there would be a “monetary aspect” to any settlement. It also indicated the company is negotiating a new corporate integrity agreement with the HHS Inspector General.

The letter said the settlement would be “substantially complete” by June 18 and the parties would have until August 13 to finalize and execute  it, Bloomberg says.

The company is accused of paying thousands of doctors with speaking fees, fishing trips and outings at Hooters restaurants to boost sales of hypertension drugs Lotrel and Valturna and diabetes medication Starlix. There are reports the U.S. had once sought as much as $2 billion in damages, and indications Novartis may have been close to a $1 billion settlement last month.

Read more