legal settlement
Progenity to Cut Workforce as Third-Party Payor Seeks $27.4M for Alleged Overpayment
The firm said it will dispute the claim of overpayment and will separately negotiate with the undisclosed payor for in-network status.
Progenity Resolves US DOJ Billing, Past Practice Investigations for $35.8M
Along with the federal settlement, the company will also pay an additional $13.2 million to settle civil claims by different state attorneys general.
Agendia Settles Allegations of Medicare Fraud for $8.25M
The US DOJ alleged that the company conspired to "artificially delay" ordering its MammaPrint test in order to circumvent Medicare's 14-day rule.
Natera and Illumina Settle Patent Suit, Sign License Agreement, Amend Supply Deal
The May 8 settlement resolves all claims and counterclaims relating to noninvasive prenatal testing and pre-implantation genetic screening and diagnosis.
Twist Bioscience Settles With Agilent, Reports 49 Percent Rise in Fiscal Q1 Revenues
The company booked a net loss of $55.6 million, or $1.69 per share, for the quarter which included litigation settlement expenses of $22.5 million.