Kickback Trial

I would also like to know this

 

This is all we know from the court docket. The trial never occurred. We probably can assume a settlement happened. Nothing has been announced

 

What is this court docket you keep referring to where are you accessing this information?

 

All court information for higher level courts is listed on a website called Pacer. Novartis has many many cases so you need to find this specific case. It will list all court entries from 2011 to last week. or you could just google "bilotta" Novartis. Bilotta is the Relator in this case. Scroll down to a website called courtlistener Search in decending order. This lists the same information as Pacer but only 1 case at a time.

 

Any update?

 

Trial still on going they're parading the reps and doctors around like circus animals on the stand its a spectacle

 

Do you think they will be found guilty?

 

The trial never occurred. There is probably a settlement so they will not be found guilty by a jury.

 

How do you know this

 

We can only look at the court docket since no announcement was made. On May 20th (the day the trial was to start) was adjourned by the Judge Sine Die. Look at the previous posts on this link to find out how to view this. That is all the outsiders know at this time.

 

Any update?

 

Yes, go get a real job you lazy tool

 

In exchange for fancy dinners, fishing trips and other entertainment, Novartis was basically buying prescriptions for its cardiovascular meds Lotrel and Valturna and diabetes drug Starlix, the suit claims. The company reportedly has been negotiating a settlement worth up to $1 billion, which would rank it among the biggest-ever marketing settlements in pharma.


Tuesday, a letter filed in the court’s docket and then quickly removed said the two sides had made “significant progress” toward a settlement, Bloomberg reported. U.S. Attorney Geoffrey Berman intended for the letter to stay confidential as the talks are ongoing, but it was mistakenly posted publicly for a short time, the news service noted.

The letter showed a settlement proposal has been submitted to the DOJ for expedited approval. Berman said the settlement will be “substantially complete” by June 18, and the parties have until Aug. 18 to finalize it.

In a statement sent to FiercePharma, a Novartis spokesperson confirmed it's “engaged in settlement discussions with the Southern District of NY to resolve the ongoing Speaker Program litigation” but declined to comment further.

 

Novartis, aiming to clean up its rep, sets aside $700M for kickback settlement
by Kyle Blankenship |
Jul 18, 2019 9:26am

Novartis has set aside $700 million for a possible settlement in a long-running kickback lawsuit with federal prosecutors. (Novartis)


With nearly decade-old bribery charges hanging over its head, Novartis has been eager to wriggle out of U.S. prosecutors’ crosshairs. Now, a settlement in the case appears to be in the works—and it could cost Novartis close to a billion dollars.


The Swiss drugmaker has set aside $700 million for a possible settlement in an eight-year-old whistleblower suit accusing the company of bribing U.S. physicians to boost subscriptions of the company’s drugs, including hypertension med Lotrel and diabetes drug Starlix.

“Consistent with our efforts to resolve legacy compliance-related allegations, we are engaged in settlement discussions to resolve a civil suit challenging speaker programs and other promotional events conducted from 2002 through 2011,” Novartis spokesman Eric Althoff said in a statement.


Wrapping up the long-running kickback suit could go a long way toward cleaning up Novartis’ tarnished reputation stateside and abroad, a serious initiative for CEO Vas Narasimhan since his elevation to the post in 2018.

In mid-June, an accidental court filing from federal prosecutors said Novartis was making “significant progress” toward a settlement in the lawsuit, which accused the drugmaker of shelling out millions to doctors through sham educational events.

Among some of the most eyepopping claims in the suit were Novartis sales execs treating doctors to $10,000 dinners at expensive New York seafood restaurants and wild nights out at Hooters. In one instance, Novartis held one of its speaker events aboard a fishing boat, allegedly without any educational material in tow.

 

Congratulations to Oswald Bilotta and his team of attorneys.

 

Novartis got off CHEAP they should have paid at least 2 billion

 

While Novartis is o robably happy that the fine is around $1B, ovartis is not happy that they will remake j under a CIA for another 3-5 years

 

Why don’t you leave? You dirtbag. This is the junk that is retained.

 

Why don’t you do your job instead of stalking? You creepy tool

 

Wow