Regeneron (REGN) Accused of Fraudulent Practices Related to Eylea
REGNRegeneron(REGN) Zacks Investment Research·2024-04-13 02:56

Shares of Regeneron Pharmaceuticals (REGN) were down 1.70% on Apr 11, following a complaint filed by the U.S. Department of Justice against the company, alleging fraudulent drug pricing practices related to its lead drug, Eylea. The Department filed a complaint under the False Claims Act (FCA) against Regeneron, which manufactures and sells the ophthalmology drug, Eylea. The lawsuit was originally filed under the qui tam or whistleblower provisions of the FCA. Eylea is an anti-vascular endothelial growth fa ...