AbbVie shares fall after being sued by California over Humira allegations

The California Insurance Commissioner is suing AbbVie Inc., claiming the Illinois drug giant "gave illegal kickbacks to health care providers to prescribe" its Humira rheumatoid arthritis drug. In his lawsuit, Insurance Commissioner Dave Jones alleged AbbVie (NYSE: ABBV) "has engaged in a far-reaching scheme including both 'classic' kickbacks — cash, meals, drinks, gifts, trips, and patient referrals — and more sophisticated ones — free and valuable professional goods and services to physicians…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news