Drug Majors Subpoenaed
Federal investigators probing whether pharmacy firms and doctorsoverbilled for prescription drugs have subpoenaed firms including Abbott, Baxter International, Bayer, Bristol-Myers Squibb, Chiron, Gensia Sicor, Glaxo Wellcome, Henry Schein, Immunex, Novartis, Rhone-Poulenc Rorer, SmithKline Beecham and Schering-Plough.
Most firms did not reply to Barron's queries about the probe, but Immunex, Novartis, R-PR and Schering-Plough said they had received subpoenas and were cooperating. Reuters said investigators had told Barron's that Eli Lilly, Merck & Co and Rugby had provided accurate wholesale prices to state Medicaid programs.
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