June 24, 2020 / 4:39 PM / 17 days ago

U.S. alleges Regeneron used drug charity to pay kickbacks

BOSTON, June 24 (Reuters) - The U.S. Justice Department on Wednesday sued Regeneron Pharmaceuticals Inc, accusing it of using a charity that helps cover Medicare patients’ drug costs as a means to pay kickbacks for using its expensive macular degeneration drug Eylea.

The government filed a lawsuit against the company in federal court in Boston, the latest case to result from an industry-wide probe of drugmakers’ financial support of patient assistance charities. (Reporting by Nate Raymond in Boston Editing by Chizu Nomiyama)

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