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Administrative/Regulatory

Apr. 13, 1999

Genentech to Pay for Leading a Growth Industry

SAN FRANCISCO - In what would be the largest federal criminal penalty paid for health-care fraud in Northern California, biotech giant Genentech is negotiating the final terms of a $50 million settlement to resolve allegations that it illegally marketed a synthetic human growth hormone for nine years for uses not approved by government regulators.

By Pamela A. MacLean
Daily Journal Staff Writer
        SAN FRANCISCO - In what would be the largest federal criminal penalty paid for health-care fraud in Northern California, biotech giant Genentech is negotiating the final terms of a $50 million settlement to resolve allegations that it illegally marketed a synthetic human growth hormone for nine year...

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