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Company: Apotex Corp.
Current Parent Company:
Apotex Corp.
Parent at the Time of the Penalty Announcement:
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Penalty: $24,100,000
Year: 2020
Date: May 7, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Apotex Corp., a generic pharmaceutical company headquartered in Florida, agreed to pay a criminal penalty of $24.1 million under a deferred prosecution agreement relating to fixing the price of the generic drug pravastatin.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: generic drugs
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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