Spring Law Spring Law Spring Law Spring Law
  • Home
  • About
    • Our Approach
    • Our People
  • Services
    • Dispute Avoidance
    • General Counsel Advisory Services
    • Risk & Litigation Ready Audit
    • Employment & Consultancy Arrangements
    • Merger & Acquisition Risk Profiling
    • Rep Control
    • Dispute Resolution
    • Business Disputes
    • Personal Disputes
    • Investigations
    • Intelligence
    • Public Sector
    • Risk Control
    • Disputes Management
  • Insights
  • Contact
Spring Law Spring Law
  • Home
  • About
    • Our Approach
    • Our People
  • Services
    • Dispute Avoidance
    • General Counsel Advisory Services
    • Risk & Litigation Ready Audit
    • Employment & Consultancy Arrangements
    • Merger & Acquisition Risk Profiling
    • Rep Control
    • Dispute Resolution
    • Business Disputes
    • Personal Disputes
    • Investigations
    • Intelligence
    • Public Sector
    • Risk Control
    • Disputes Management
  • Insights
  • Contact
May 17
Elderly couple walking

Insys sees no change in estimated litigation costs

  • 17 May 2018

Insys Therapeutics Inc said on Tuesday that it believed a previously estimated $150 million would be sufficient to cover expenses from an ongoing litigation related to the company’s sales practises.

The news comes a day after the U.S. Department of Justice joined a whistleblower lawsuit alleging Insys paid kickbacks to doctors.

The company continues to have an ongoing dialogue with the DOJ regarding this investigation, Insys said on Tuesday.

“This ongoing dialogue has not resulted in information that would cause the company to revise this estimate (of $150 million),” the company said.

The government’s involvement was disclosed in a filing made public on Monday. It adds firepower to the civil litigation as Insys tries to resolve a federal probe into its marketing of Subsys, a spray form of fentanyl.

Source: https://uk.reuters.com/article/us-insys-opioids/insys-sees-no-change-in-estimated-litigation-costs-idUKKCN1IG2U4

  • Facebook
  • Twitter
  • Reddit
  • Pinterest
  • LinkedIn
  • E-Mail

Comments are closed.

Recent Posts

  • Scope of Business Interruption clauses in light of Covid-19 25 September 2020
  • Restructuring & Insolvency Update: Furlough schemes and the administration of companies 25 June 2020
  • Restructuring & Insolvency Update: The Corporate Insolvency and Governance Bill 15 June 2020
  • Commercial Loan Agreements: Does Covid-19 constitute a material change in circumstances? 1 June 2020
  • Vicarious liability for employee data breaches: the case of Morrison Supermarkets plc v Various Claimants 28 May 2020
LinkedIn icon
Crown Commercial Service Supplier logoAnnecto logoChambers UK logoThe Legal 500 UK logo

London | Chichester | Gibraltar

Pricing Complaints Legal Privacy Cookies

©2021 Spring Law Limited | Registered Company No. 5512395 | Website by Maroon Balloon & StudioMoo

We use cookies to improve your experience on our website. For information on cookies and how we use them, please see our Cookie Policy