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That charity, Caring Voice Coalition (CVC), has stopped providing aid after the government in 2017 revoked its approval to do so because of concerns drugmakers had improper influence over it. Actelion did not admit wrongdoing. Caroline Pavis, a company spokeswoman, in a statement said the conduct pre-dated New Brunswick, New Jersey-based J&J’s acquisition of Actelion and that it was committed to following the law. Richmond, Virginia-based CVC said it cannot comment on “ongoing legal matters.” j crew cufflinks uk online.
Drug companies are prohibited from subsidizing co-payments for patients enrolled in the Medicare government healthcare program for the elderly. But companies may donate to non-profits providing co-pay assistance as long as they are independent. Amid increased attention on rising drug prices in the United States, there has been concern that donations from drugmakers to patient-assistance groups may be contributing to price inflation. A probe led by the U.S j crew cufflinks uk online. Attorney’s Office for the District of Massachusetts has led to allegations that several drugmakers used these charitable foundations as a means to pay Medicare patients’ co-pays in violation of the Anti-Kickback Statute..
In Actelion’s case, the government said it routinely obtained data from CVC regarding the extent that patients it helped used its drugs. Actelion then used that information to budget for future payments to the charity. CVC was at the center of an earlier, $210 million settlement by United Therapeutics Corp in December 2017, which resolved claims the company improperly used the charity to cover co-payments. Several other drugmakers have, since 2015, disclosed receiving subpoenas related to the investigation j crew cufflinks uk online. Pfizer Inc in May resolved similar allegations involving a different charity for nearly $23.85 million..
HOUSTON (Reuters) – The largest oil field in the United States holds as much as 49 years worth of oil at current production rates, according to data from a report released on Thursday by the U.S. Geological Survey (USGS). In its first assessment of the Delaware portion of the Permian shale field that spans west Texas and New Mexico, the USGS, which is part of the U.S. Department of the Interior, said it contains about 46.3 billion barrels of oil and 281 trillion cubic feet of natural gas. The government estimates include all underground shale oil and gas that is technically recoverable but may not be economic to extract at current prices j crew cufflinks uk online.
The estimate is twice the size of the country’s next largest shale reserve – the Midland Basin – another portion of the Permian. In 2016, that was found by the USGS to have about 20 billion barrels of oil and 16 trillion cubic feet of natural gas j crew cufflinks uk online. Survey results “demonstrate the impact that improved technologies such as hydraulic fracturing and directional drilling have had on increasing the estimates,” said Walter Guidroz, an official in the USGS Energy Resources Program. Hydraulic fracturing forces water and sand underground at high pressure to free oil and gas trapped in shale rock..