About Careers Internship MedBlog Contact us
Medindia LOGIN REGISTER
Advertisement

Merck, Eli Lilly Being Probed by the Justice Department on Drug Pricing

by Dr. Trupti Shirole on November 7, 2015 at 8:56 PM
Font : A-A+

 Merck, Eli Lilly Being Probed by the Justice Department on Drug Pricing

Pharmaceutical giants Merck and Eli Lilly have disclosed that the Justice Department is probing their drug pricing practices.

Merck said, "We had received a 'civil investigative demand' from the US Attorney's office in the state of Pennsylvania for information on its contracting and pricing of the Dulera inhalation aerosol with pharmacy benefit managers and Medicare, the federal government health insurance program for the elderly and people with disabilities."

Advertisement


Elli Lilly's request for information came from the same US attorney's office. Lilly learned of the inquiry in September 2015. Lilly said, "Justice Department officials are conducting an inquiry concerning our treatment of certain distribution service agreements with wholesalers when calculating and reporting Average Manufacturer Prices in connection with the Medicaid drug rebate program."

Both companies said that they were cooperating with the probes. These inquiries come as drug companies such as Valeant Pharmaceuticals International face higher scrutiny over drug pricing following accusations of predatory pricing.

Source: AFP
Advertisement

Advertisement
News A-Z
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
What's New on Medindia
Dietary Factors Responsible for Dihydrotestosterone (DHT) Production and Hair Loss
Test Your Knowledge About Chromosomes?
Eating During Sunlight Hours Minimizes Mood Vulnerabilities
View all
Recommended Reading
News Archive
Date
Category
Advertisement
News Category

Medindia Newsletters Subscribe to our Free Newsletters!
Terms & Conditions and Privacy Policy.

More News on:
Drug Toxicity Signature Drug Toxicity 

Most Popular on Medindia

Drug Side Effects Calculator Vent Forte (Theophylline) Loram (2 mg) (Lorazepam) Find a Doctor Color Blindness Calculator The Essence of Yoga Post-Nasal Drip Indian Medical Journals A-Z Drug Brands in India Hearing Loss Calculator
This site uses cookies to deliver our services. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use
×

Merck, Eli Lilly Being Probed by the Justice Department on Drug Pricing Personalised Printable Document (PDF)

Please complete this form and we'll send you a personalised information that is requested

You may use this for your own reference or forward it to your friends.

Please use the information prudently. If you are not a medical doctor please remember to consult your healthcare provider as this information is not a substitute for professional advice.

Name *

Email Address *

Country *

Areas of Interests