According to information released today, Serono Laboratories will be forced to pay $704 million dollars stemming from kickbacks to doctors.
The details of the settlement reached were released after a US District judge handed down the sentence.
The settlement involves kickbacks that were given to doctors over the AIDS drug Serostim. Serostim is a protease inhibitor drug that contains the human growth hormone Somatotropin. Serono is said to conspired to increase the popularity of the drug using fraud by offering doctors money and free trips to hand out the drug.
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