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Saturday, April 20, 2024

Solvay Pharmaceuticals

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  • Judge tosses insurers' RICO class action vs testosterone drug makers, saying not specific enough

    By Jonathan Bilyk |
    A federal judge has tossed, with leave to amend, the bulk of a federal racketeering and fraud class action brought by an Ohio-based health insurer against Abbvie and other makers of testosterone drugs, saying the insurer has not yet backed up with enough particularity its allegations the drugmakers invented the condition known as “low T,” and, through false marketing to doctors, patients and insurers alike, induced insurers and others to pay far more for the drugs to treat the condition.