Pharma giant caught over-billing Veterans Administration by almost $20 Million

‘Another major drug company has been exposed for bilking the American taxpayer out of what amounts to tens of millions of dollars in fraudulent overcharges. French pharmaceutical giant Sanofi-Pasteur was recently ordered to pay back nearly $20 million after it was revealed that the multinational had massively inflated drug costs in a contract with the Veterans Administration (VA), which provides healthcare services for the nation’s ill veterans.
According to reports, Sanofi-Pasteur, the vaccine division of Sanofi-Aventis, had incorrectly calculated the prices of drugs it sold to the VA, resulting in overcharges amounting to $19,868,194. Sanofi-Pasteur openly admitted this to the VA, prompting an investigation into the matter by the VA’s inspector general, who has since ordered the drug company to pay back the excess it had received from the government in error.’
Read more: Pharma giant caught over-billing Veterans Administration by almost $20 Million