You're watching...

Sanofi-Aventis to Pay $109M to Resolve False Claims Allegations

Details

  • Description

    FBN’s Liz Claman on Sanofi-Aventis agreeing to pay $109 million to resolve allegations its U.S. subsidiary violated the False Claims Act.

  • Duration 0:58
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Here's your Fox Business -- it was a CEO -- down on Wall Street as the negotiations over the fiscal -- seemed to turned sour.

The Dow finishing down nearly 99 point seven C -- agrees to pay a 109 million dollars.

To resolve allegations its US subsidiary violated the false claims act.

The company allegedly gave out free samples of the need injection in an effort to entice doctors to buy and prescribe the drug.

The settlement also resolves allegations set -- the US submitted false reports that did not include the free samples distributed.

Contingent on buying them than me injection drug.

And the parent company of interactive television pioneer open TV suing Netflix for patent infringement.

The lawsuit alleges the video streaming service infringed upon seven of open TV's US patents that cover aspects.

Of over the top TV technology.

And that's the latest from the Fox Business Network giving you.

The power to prosper.