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Nate Raymond

Former Ariad employee's ex-husband gets prison for insider trading

12:52am GMT

The ex-husband of a former Ariad Pharmaceuticals Inc employee was sentenced on Wednesday to 18 months in prison after being convicted of misusing information he was given in confidence about the drugmaker's regulatory problems to engage in insider trading.

Ex-hospital pharmacy company exec may pursue retaliation claim - 1st Circ.

16 Jan 2019

A federal appeals court has revived a retaliation lawsuit by the ex-president of a Massachusetts outfit that helps hospitals provide specialty pharmacy services who said he was fired after asking whether the company was breaking the law.

Family behind Purdue Pharma pushed opioid marketing, Massachusetts says

16 Jan 2019

BOSTON Members of the wealthy Sackler family behind Purdue Pharma LP pushed it to boost sales of OxyContin and other opioids even as questions emerged about the extent its painkillers were being abused, Massachusetts' attorney general alleged on Tuesday.

Ex-employee of proxy solicitor Georgeson convicted of fraud

16 Jan 2019

BOSTON A former senior managing director of a firm that advises companies on shareholder votes was convicted on Tuesday of participating in a scheme to bribe a proxy adviser's employee with sports and concert tickets to learn how its investor clients were voting.

Family behind Purdue Pharma pushed opioid marketing, Massachusetts says

15 Jan 2019

BOSTON, Jan 15 Members of the wealthy Sackler family behind Purdue Pharma LP personally pushed the company to boost sales of OxyContin and other opioid products even as questions emerged about the extent its painkillers were being abused, Massachusetts' attorney general alleged on Tuesday.

Doctor avoids prison for disclosing patient info to Aegerion

15 Jan 2019

A Georgia pediatric cardiologist avoided prison on Monday after admitting he illegally disclosed information about his young patients to an Aegerion Pharmaceuticals Inc sales representative seeking to identify potential new users of an expensive cholesterol drug.

Second U.S. judge blocks Trump administration birth control rules

14 Jan 2019

A federal judge in Pennsylvania on Monday blocked the Trump administration from enforcing new rules allowing employers to obtain exemptions from an Obamacare requirement that they provide health insurance that covers women's birth control.

Teva settles Illinois drug-pricing lawsuit for $135 million

12 Jan 2019

Teva Pharmaceutical Industries Ltd has agreed to pay $135 million to resolve a long-running lawsuit alleging that the generic drugmaker defrauded Illinois' Medicaid program by overstating the wholesale price of its prescription drugs.

Ex-biotech CEO gets 27 months in prison for defrauding investors

11 Jan 2019

A former biotech chief executive has been sentenced to 27 months in prison after being convicted of misusing funds investors provided for two companies he founded to line his own pockets and fund his fiancée's restaurant.

Ex-Insys sales director loses bid for separate opioid bribe trial

10 Jan 2019

An ex-regional sales director at Insys Therapeutics Inc on Thursday lost her bid to avoid being tried alongside four other of the drugmaker's former executives and managers accused of conspiring to pay doctors bribes in exchange for prescribing an addictive opioid.

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