U.S. says Shire subsidiaries to pay $350 million to settle false claims act allegations

A sign sits in front of Shire's manufacturing facility in Lexington, MassachusettsWASHINGTON (Reuters) – Shire PLC subsidiaries will pay $350 million to settle U.S. federal and state False Claims Act allegations related to unlawful methods to push “Dermagraft,” a treatment for diabetic foot ulcers, the U.S. Justice Department said in a statement on Wednesday.

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