NasdaqGS:AMGNBiotechs
Will 340B Lawsuit Over Drug Discounts Shift Amgen's (AMGN) Access Strategy And Investment Narrative?
Sagebrush Health Services has filed a lawsuit in California Superior Court against Amgen Inc., alleging unlawful termination of 340B drug discounts and improper retraction of at least US$7,000,000 in past discounts that it says disrupted medication supplies to its clinics.
The case spotlights growing tensions around the 340B Drug Pricing Program, as Sagebrush claims Amgen bypassed federal oversight processes and harmed access to affordable care for uninsured and economically challenged...