Exclusive | J&J Accuses Big Health Insurer of Helping Drain Its Drug Copay Funds $JNJ https://t.co/7mvQ6u4pwK
Johnson & Johnson $JNJ has sued divisions of Cigna, alleging the insurer collaborated with a drug-benefit middleman to deplete J&J's copay assistance funds for patients using its higher-priced drugs, per WSJ.
$JNJ $CI Johnson & Johnson reportedly sues divisions of Cigna, accusing them of working with a drug-benefit middleman to drain J&J financial-assistance funds earmarked for patients taking some of its pricier drugs
Johnson & Johnson has initiated legal action against divisions of Cigna, alleging that the health insurer collaborated with a drug-benefit middleman to deplete the company's copay assistance funds. This financial assistance is crucial for patients using some of Johnson & Johnson's higher-priced medications. The lawsuit follows a recent order for Johnson & Johnson to pay $1 billion to Auris Health shareholders and founders, including Lux Capital, stemming from a lawsuit similar to one involving Bristol Myers Squibb and Padlock Therapeutics. Separately, Gilead Sciences has filed a lawsuit against a pharmacy and health insurer, accusing them of compelling American patients to fill prescriptions with non-FDA-approved medicines imported from Turkey.