U.S. government threatens to bar Forest CEO

Friday, April 15, 2011 12:27 PM

U.S. officials have sent a letter to Forest Laboratories chief executive Howard Solomon threatening him with a ban from participating in Medicare and Medicaid, according to Pharma Times.

Solomon, who is also Forest's chairman and president, will challenge any action by the Office of the Inspector General, Department of Health and Human Services (HHS-OIG) that would potentially exclude him from participation in federal healthcare programs. The letter from HHS-OIG relates to a settlement from September 2010 which noted the company’s guilty plea to claims of illegal marketing of the antidepressants Celexa (citalopram) and Lexapro (escitalopram) and an unapproved formulation of the thyroid treatment Levothroid (levothyroxine).

As a result Forest paid $313 million plus interest following the incident.  It also signed a corporate integrity agreement (CIA) with HHS-OIG which has now given Solomon 30 days to say why he should not be excluded.

Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

September 30

Novartis-Walgreens pilot study blurring the line between retail pharmacy, investigative site

CISCRP to launch traveling science museum exhibit to demystify clinical trial participation

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

October

New growth and decline in Asia clinical trials
South Korea, Japan, China see big growth in 1572s, while India posts huge drop

Harnessing Big Data to transform clinical trials
From protocol to patient recruiting, data analytics can yield valuable insights

Already a subscriber?
Log in to your digital subscription.

Purchase the October issue.

Subscribe to
The CenterWatch Monthly.

The CenterWatch Monthly

September

Sponsors look to collaborate on comparator drugs
Co-therapies, comparators are in 60% of studies, cost $25m per company a year

Early adopters implement risk-based monitoring pilot programs
Experiments aim to offer long-term solutions, despite short-term uncertainties

Already a subscriber?
Log in to your digital subscription.

Purchase the September issue.

Subscribe to
The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs