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Violation Tracker Individual Record

Company: Wyeth Pharmaceuticals, Inc.
Current Parent Company: Pfizer
Penalty: $371,351,180
Year: 2016
Date: April 27, 2016
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal: Drug Pricing Abuses
Violation Description: Wyeth and its parent Pfizer agreed to pay $371 million to resolve multistate allegations that Wyeth knowingly reported to Medicaid agencies false and fraudulent prices on two of its proton pump inhibitor drugs, Protonix Oral and Protonix IV. This was part of a larger $784 million settlement involving the federal government; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.