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C R Bard Inc To Pay $48 Million To Settle Kickback Allegations-Reuters

Monday, 13 May 2013 06:44pm EDT 

Reuters reported that 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 (DOJ) 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. 

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19 Dec 2014