Biotech Executive Convicted in Multimillion-Dollar Testing Scheme

A person holding a blood sample in their hand.

A California biotech executive recently was convicted in connection with a $77 million scheme involving false and fraudulent claims for COVID-19 and allergy testing as well as securities fraud. Mark Schena, 59, president of Arrayit Corporation, was found guilty of one count of conspiracy to commit healthcare fraud and conspiracy to commit wire fraud, two…

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Medical Device Maker Settles False Claims Allegations, Agrees to Pay $12.5M

A cartoon of a hammer and money in the shape of a hand.

A New York-based medical device manufacturer has agreed to pay $12.5 million to settle allegations it caused healthcare providers to submit false claims to federal healthcare programs relating to the use of two of its medical devices. AngioDynamics Inc. was accused of causing false claims to be submitted to Medicare, Medicaid, TRICARE, and other federal…

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