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C R Bard to pay $48 million to settle kickback allegations, DOJ says

Started by riky, May 14, 2013, 09:00:23 AM

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C R Bard to pay $48 million to settle kickback allegations, DOJ says

(Reuters) - Medical device maker C.R. Bard Inc will pay about $48.3 million to resolve allegations it made illegal payments to hospitals and physicians to entice them to buy its radiation treatment for prostate cancer, the Justice Department said. The illegal payments allegedly took the form of grants, rebates, conference fees, marketing assistance and free medical equipment that Bard provided between 1998 and 2006 to customers who used its brachytherapy seeds to treat prostate cancer, DOJ said Monday. ...

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