The pharmaceutical company responsible for one of the largest drug price increases in US history 'knowingly paid illegal kickbacks' as part of an elaborate scheme to make millions and stick the American taxpayer with the bill, a Justice Dept. lawsuit says
The pharmaceutical company responsible for one of the largest drug price increases in US history"knowingly paid illegal kickbacks" as part of an elaborate scheme to make millions and stick the American taxpayer with the bill, the US Department of Justice said Wednesday in a lawsuit filed against Mallinckrodt Pharmaceuticals.
In its complaint, the government demanded a jury trial that would put front and center the actions of the company at the heart of a 97,000% drug price hike. The price of Mallinckrodt's anti-inflammatory drug Acthar -- best known for treating babies with a debilitating seizure disorder -- has gone from $40 a vial in 2000 to nearly $39,000 today.The complaint was filed in the US District Court for the Eastern District of Pennsylvania by US Attorney William McSwain.
The drug is approved for 19 indications, including multiple sclerosis, rheumatoid arthritis and kidney disease. But critics note that the drug was approved for many of those conditions long before the FDA's more rigorous standards of today and that there are few randomized clinical studies showing its efficacy, especially in adult conditions.
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