CVS Health Subsidiary Agrees To $15M Payment

CC
Clyde & Co

Contributor

Clyde & Co  logo
Clyde & Co is a leading, sector-focused global law firm with 415 partners, 2200 legal professionals and 3800 staff in over 50 offices and associated offices on six continents. The firm specialises in the sectors that move, build and power our connected world and the insurance that underpins it, namely: transport, infrastructure, energy, trade & commodities and insurance. With a strong focus on developed and emerging markets, the firm is one of the fastest growing law firms in the world with ambitious plans for further growth.
The US Department of Justice announced on May 13 that Omnicare Inc., a subsidiary of CVS, has agreed to pay a $15.3 million civil penalty.
UK Food, Drugs, Healthcare, Life Sciences
To print this article, all you need is to be registered or login on Mondaq.com.

The US Department of Justice announced on May 13 that Omnicare Inc., a subsidiary of CVS, has agreed to pay a $15.3 million civil penalty.

The US Department of Justice announced on May 13 that Omnicare Inc., a subsidiary of CVS, has agreed to pay a $15.3 million civil penalty in regards to charges that it provided opioids and other controlled substances without a valid prescription to long-term care facilities. Omnicare was charged with violating the Controlled Substances Act in its handling of emergency prescriptions, controls over emergency kits, and processing of written prescriptions. The government stated that Omnicare allowed care facilities to dispense opioids from the kits without a doctor's prescription. The "emergency kits" often have addictive opioids and must be tightly controlled and tracked, according to the Department of Justice, and can only dispensed with a valid prescription. CVS Health acquired Omnicare Inc. in 2015 and both companies have admitted no wrong-doing or liability. A representative for CVS Health confirmed to Law360 that the matter was settled to avoid the expense of potential litigation, but there was no admission of wrongdoing.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More