Pfizer Unit Biohaven Settles False Claims Case for $60 Million

MT Newswires Live

Feb 04, 2025

Pfizer's (PFE) Biohaven agreed to a nearly $60 million nationwide settlement for submitting false claims to Medicaid and other government healthcare programs, California Attorney General Rob Bonta said Monday.

The settlement resolves allegations that Biohaven engaged in a kickback scheme from 2020 to 2022, offering cash and gifts to healthcare providers in exchange for Nurtec prescriptions, according to the Bonta.

Pfizer will make the payment of $59.7 million plus interest on behalf of Biohaven and it will be shared by the federal government and several states including California, whose share is $413,776, the state's Attorney General added.

Neither Pfizer nor Biohaven immediately responded to MT Newswires' requests for comment.

Price: 26.26, Change: -0.26, Percent Change: -0.98

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