Company News

Share this article:

Aventis Pharmaceutical, a subsidiary of Sanofi-Aventis, will pay $95.5 million to settle Department of Justice allegations that it violated the False Claims Act by misreporting drug prices to reduce its Medicaid Drug Rebate obligations. The allegations refer to pricing on Azmacort, Nasacort and Nasacort AQ, between 1995 and 2000.

 

WeissComm Group announced the acquisition of Common Sense Media Group, a social media consulting company founded by Bob Pearson, who will become WeissComm's chief technology and media officer. WeissComm also signed a strategic alliance with Rule 13, a firm focused on social media education, research and training.

Share this article:
close

Next Article in Business Briefs

Email Newsletters

More in Business Briefs

Illumina inks deal with J&J, AstraZeneca, Sanofi

The goal is to develop companion diagnostics to match patients with cancer treatments.

Abbott deal highlights inversion inaction

Political furor over the recent spate of tax inversions is having little influence on how the government chooses its partners.

Allergan reported to seek out Salix deal

The Wall Street Journal says the deal would add "another layer of intrigue" to the Allergan-Valeant hostilities.