Nonprofit Sues Amgen Over Termination of Discounted Drug Sales

Reuters01-21 00:34
Nonprofit Sues Amgen Over Termination of Discounted Drug Sales

Sagebrush Health Services, a nonprofit organization serving over 10,000 patients in Nevada, has filed a lawsuit against Amgen Inc., alleging that the pharmaceutical company unlawfully terminated the sale of discounted drugs and retracted millions of dollars in past discounts. The dispute centers on the 340B Drug Pricing Program, which allows eligible healthcare organizations to purchase outpatient drugs at reduced prices. Sagebrush claims that Amgen ignored the established federal process for challenging 340B eligibility and acted unilaterally, temporarily preventing clinics from accessing necessary medications. The lawsuit, filed in California Superior Court in Ventura County, seeks at least $7 million in returned funds, treble damages under California law, and punitive damages. The U.S. Department of Health and Human Services recently confirmed Sagebrush's eligibility under the 340B Program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amgen Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260120086538) on January 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment