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Violation Tracker Individual Record

Company: Novartis Pharmaceuticals Corp.
Current Parent Company: Novartis
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $2,750,000
Year: 2012
Date: March 28, 2012
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Novartis agreed to pay $2.75 million in settlement of alleged improper reporting of the average wholesale price of its drugs, causing Medicaid to overpay.
Level of Government: state
Action Type: agency action
Agency: Kentucky Attorney General
Civil or Criminal Case: civil
Facility State: Kentucky
HQ Country of Current Parent: Switzerland
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.