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Violation Tracker Individual Record

Company: Novartis Pharmaceuticals Corporation
Current Parent Company: Novartis
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $83,129,754
Year: 2015
Date: November 20, 2015
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Mega-Scandal: Healthcare Kickbacks
Violation Description: Novartis agreed to pay $83 million to settle multistate allegations that it paid kickbacks to three specialty pharmacies to incentivize them to push Medicaid patients to order refills of the drug Exjade. This was part of a larger $390 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: 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.