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Violation Tracker Individual Record

Company: Pharmacia Corporation
Current Parent CompanyPfizer
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $9,615,384
Year: 2011
Date: December 8, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: A group of pharmaceutical companies agreed to pay $125 million to settle their role in litigation alleging that drug companies published inflated average wholesale prices. Court documents did not specify how much each would pay. Here we assume they each paid an equal share.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:01cv12257 MDL 1456
Case Name: In re: Pharmaceutical Industry Average Wholesale Price Litigation
Private Lawsuit Resolution Type: settlement
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.