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Archive for April 16th, 2009

Quest Diagnostics to Pay $302 Million – Pharma Watch

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Quest Diagnostics to Pay $302 Million

Quest Diagnostics has agreed to pay $302 million to settle civil and criminal charges related to a Quest subsidiary which sold a parathyroid hormone immunoassay test which reported elevated results.  The inaccurate diagnostic test kit resulted in medical providers submitting false claims for reimbursement to federal health programs.  The settlement  includes $262 million paid under the federal False Claims Act, $6.2 million paid to the states, and a criminal fine of $40 million.  Thomas Cantor, founder, president and owner of Scantibodies Laboratory Inc., filed the whistleblower lawsuit, and will receive approximately $45 million for his work, and the work of his attorneys, in bringing the case.  (To read more)

If you would like to see MANY more actions that have been taken against many of  the major pharmaceutical and healthcare companies that you know and trust…  Why?    Visit “The Taxpayers Against Fraud” website at:

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