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Violation Tracker Individual Record

Company: Dr. Reddy's Laboratories Ltd.
Current Parent Company: Dr. Reddy's Laboratories
Penalty: $400,000
Year: 2020
Date: October 5, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Dr. Reddy's Laboratories agreed to pay $400,000 to end-payor plaintiffs to settle litigation alleging a conspiracy to block a generic version of the Alzheimer's drug Namenda.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:15cv6549
Case Name: In re Namenda Indirect Purchaser Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: India
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.