Valeant unit to pay $54 mn over kickbacks to prescribe its drugs

Salix Pharmaceuticals used "sham speaker programs" to reward doctors with cash and gifts to encourage them to promote and prescribe its gastrointestinal drugsEmbattled Canadian drugmaker Valeant will pay $ 54 million to settle charges its Salix unit paid kickbacks to doctors to promote its drugs, the Justice Department said Thursday. Salix Pharmaceuticals, the company Valeant paid $ 15.8 billion for a year ago, used what the Justice Department called "sham speaker programs" to reward doctors with cash and gifts to encourage them to promote and prescribe its gastrointestinal drugs. "For years, Salix Pharmaceuticals unlawfully sought to increase prescriptions of its products by using its 'speaker programs' as a vehicle to pay kickbacks to doctors," said Manhattan US Attorney Preet Bharara in a statement.



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