NasdaqGS:AMGNBiotechs
Amgen Faces 340B Lawsuit Spotlighting Drug Pricing And Investor Risks
Sagebrush Health Services has filed a lawsuit against Amgen (NasdaqGS:AMGN), accusing the company of improperly ending discounted drug sales under the federal 340B Drug Pricing Program.
The complaint also alleges Amgen sought to claw back millions of dollars in prior discounts, affecting access to lower cost medications for underserved patients.
The case raises questions about Amgen's 340B practices, its relationships with nonprofit clinics, and potential regulatory and reputational...