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Violation Tracker Individual Record

Company: Kos Pharmaceuticals
Current Parent Company: AbbVie
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Penalty: $41,500,000
Year: 2010
Date: December 7, 2010
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Mega-Scandal: Healthcare Kickbacks
Violation Description: Kos Pharmaceuticals, a subsidiary of Abbott Laboratories, agreed to pay more than $41 million to resolve criminal and civil liability arising from allegations that the company offered and paid doctors, other medical professionals, physician groups and managed care organizations illegal kickbacks in the form of money, free travel, grants, honoraria and other valuable goods and services.
Level of Government: federal
Action Type: agency action
Agency: Food and Drug Administration referral to the Justice Department
Civil or Criminal Case: civil and criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.