Category: Press Release

Explore our library of blogs, insights, research papers, and more information on compliance in the life sciences industry.

With Republican lawmakers pushing to repeal the Affordable Care Act, there is rising fear amidst researchers, media, and the public that the section of the law that created the Open Payments program, namely the Sunshine Act, will face the chopping block. For the record, the enactment of the Open Payments program has shed light on […]

The government of Belgium enacted new legislation governing transparency reporting on December 27, 2016. The new legislation is known as The Sunshine Act. The law now deems it necessary for pharma manufacturers, retailers, medical device manufacturers, and even importers and distributors to disclose information about their interactions with HCPs and HCOs. This information has to […]

Shire Pharmaceuticals, an Ireland-based global specialty biopharmaceutical company, has agreed to pay $350 million to settle allegations of paying kickbacks. It was alleged that the company bribed physicians and clinics to lure them into using its diabetic ulcer treatment. As stated by A. Lee Bentley, the U.S. Attorney General for the Middle District of Florida, […]

Swiss drug maker Novartis is in trouble as its offices in Athens were raided by corruption prosecutors a few days ago. The raid was part of an ongoing investigation conducted over allegations of bribery. According to sources, a thorough search focused on gathering electronic data and documents in line with the probe was requested by […]

The Sunshine Act was passed by the US Govt. in 2010 to increase transparency in financial payments made by Drug Manufacturers or GPOs to healthcare providers and teaching hospitals. In compliance with this act, the resulting data, which is known as Open Payments Data, is released by CMS on June 30th every year. Apart from […]

The United States Department of Justice made an annual announcement on December 14, 2016 in which the amount of money that was recovered in 2016 in Civil False Claims Act settlements and judgments during the fiscal year 2016 were reported. As per the announcement, the DoJ recovered over $4.7 billion from businesses and individuals who […]