A drug manufacturer being investigated for possible antitrust violations because it cut off shipments to Canadian mail-order pharmacies has to turn its records over to the Minnesota attorney general’s office, a judge has ruled.
Hennepin County District Judge Peter Albrecht also gave a boost to Gov. Tim Pawlenty’s drug-importation Web site, ruling that not all drug importation is illegal
NEW YORK (Reuters) – Prudential Financial Inc., the second largest U.S
More than £6.5m worth of business considered to be “unethical” was turned away by the Co-operative bank in 2003.
The UK based group said the value of business it had refused was 58% higher than in 2002
Investigations are being carried out by the Financial Services Authority into oil giant Shell after recent events.
A storm of bad publicity surrounds the company following three separate occasions when the company admitted it had overstated its oil reserves.
The Shell scandal first broke back in January when the firm made its initial announcement on a reserves downgrade
Florida’s Medicaid program will receive $807,826 from pharmaceutical company AstraZeneca as a result of a settlement with the attorney general.
Attorney General Charlie Crist says the company committed Medicaid fraud through the marketing and sale of the drug Zoladex for use in the treatment of prostate cancer.
Crist says AstraZeneca overcharged Medicaid for Zoladex by not including promotions, free goods, discounts, rebates and other reductions in the price paid by Medicaid
Shell could be facing a $1bn damages bill after it admitted overestimating oil reserves, according to a US lawyer.
Robert Schulman, who is launching a legal action on behalf of Shell investors, has told the BBC he thinks they have a “very good case”.
The oil giant admitted earlier this month that it had overstated its proven reserves by 20%
Pennsylvania Attorney General Pappert Recovers $11.1 Million for PA Medicaid Program in Settlements With Bayer and GlaxoSmithKline Over Allegations of Prescription Drug Pricing Fraud
HARRISBURG, Pa., Jan
Drug giant plans court challenge against tax authorities in long-running dispute over profit allocation, writes Rosie Murray-West
Glaxo Smithkline, the drug giant, yesterday revealed that it had received a £1.5billion bill from the US tax authorities and estimated it could also owe £1.4 billion in interest unless it wins a case against them
British Airways Plc, Britain’s biggest airline, is set to eliminate additional 5,000 office jobs to cut costs, Reuters reported.
The job cuts are in addition to the number already announced as part of BA’s Future Size and Shape restructuring program.
In November, the UK flag carrier said that it was on track to deliver 13,000 job cuts to cope with the industry downturn
LONDON, Dec 14 (Reuters) – Jean-Pierre Garnier, chief executive of GlaxoSmithKline Plc