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Schering-Plough Settles U.S. Pricing Investigation

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Schering-Plough Corp. has reached an agreement with the U.S. Attorney’s Office for the District of Massachusetts and the U.S. Department of Justice to settle the investigation involving the company’s sales, marketing and clinical trial practices and programs. The agreement resolves the investigation, which began prior to the arrival of the current management team. The agreement provides for a settlement of $435 million, subject to court approval. Under the agreement, Schering Sa...

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