Valeant Pharmaceuticals (NYSE:VRX) said yesterday that it received an investigative subpoena from the California Dept. of Insurance last month over its ties to a specialty pharmacy, Philidor Rx Services. The company is facing allegations that it used Philidor to force customers to pay higher prices for its drugs.
The subpoena reportedly asked for materials such as documents regarding the Laval, Canada-based company’s relationship with Philidor and other California-based pharmacies, as well as tactics it used to market and distribute its products in California.
Get the full story at our sister site, Drug Delivery Business News.
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from MassDevice http://www.massdevice.com/california-insurance-board-subpoenas-valeant/
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