Federal prosecutors have filed a second civil fraud suit against Novartis (NVS), accusing the...

|About: Novartis AG (NVS)|By:, SA News Editor

Federal prosecutors have filed a second civil fraud suit against Novartis (NVS), accusing the drug giant of paying kickbacks and providing lavish dinners to doctors to encourage them to prescribe the company's brand-name drugs to treat hypertension and other ailments. Payments were disguised as honorariums for doctors to speak at educational programs, but the presentations were actually little more than social outings for doctors, including fishing trips off the Florida coast and outings to Hooters restaurants.