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TAP to Pay $150 Million to Settle Lupron Lawsuits

TAP Pharmaceutical Products has agreed to pay another $150 million to resolve civil suits about the marketing and pricing of its drug Lupron, pushing the company's total payouts for the prostate cancer drug to more than $1 billion. The recent cases accused TAP of selling Lupron at steeply discounted prices, guaranteeing doctors big profits on prescriptions. The agreement resolves health insurance company allegations that they were bilked out of tens of millions of dollars worth of the drug.

December 02, 2004 at 12:00 AM

1 minute read

By | Updated on December 02, 2004
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