Business ProfileforGilead Science Inc.
Additional business information
On September 23, 2020, the United States Department of Justice, settled with Gilead Sciences, Inc. (Gilead). Gilead agreed to pay $97 million to resolve claims that it violated the False Claims Act by illegally using a foundation to pay the copays of thousands of Medicare patients taking Gilead’s pulmonary arterial hypertension drug, Letairis.
The claims resolved by the settlement are allegations only; there has been no determination of liability.
The government alleged that Gilead used a foundation, as a conduit to pay the copay obligations of thousands of Medicare patients taking Letairis and to induce those patients to purchase Letairis, because it knew that the prices Gilead set for Letairis could otherwise pose a barrier to those purchases. From 2007 through 2010, Gilead made payments to the foundation, which, in turn, used those funds to pay copays of patients prescribed Letairis. The government alleged that Gilead routinely obtained data from the foundation detailing how much the foundation had spent for patients on Letairis; it then used this information to decide how much to pay to the foundation and to confirm that its payments were sufficient to cover the copays of only patients taking Letairis. The government also alleged that, to generate revenue from Medicare and induce purchases of Letairis, Gilead referred Medicare patients to the foundation, which resulted in claims to Medicare to cover the cost of Letairis.
Under the Anti-Kickback Statute, a pharmaceutical company is prohibited from offering or paying, directly or indirectly, any remuneration, which includes money or any other thing of value, to induce Medicare patients to purchase the company’s drugs. This prohibition extends to the payment of patients’ copay obligations.At-a-glance
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Overview
Products & Services
Business Details
This is a multi-location business.
- Headquarters
- 333 Lakeside Dr, Foster City, CA 94404-1147
- BBB File Opened:
- 5/31/2001
- Years in Business:
- 37
- Business Started:
- 10/10/1987
- Business Incorporated:
- 9/1/1987
- Type of Entity:
- Corporation
- Number of Employees:
- 2400
- Business Management
- Mr. John Martin, CEO
- Contact Information
Principal
- Mr. John Martin, CEO
Customer Contact
- Mr. John Martin, CEO
- Additional Contact Information
Fax Numbers
- (650) 578-9264Primary Fax
Phone Numbers
- (203) 315-1222Other Phone
- (909) 394-4000Other Phone
- (650) 578-9264
Customer Complaints
0 Customer Complaints
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