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Violation Tracker Individual Record

Company: Ranbaxy, Inc.
Current Parent CompanySun Pharmaceuticals
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Penalty: $485,000,000
Year: 2022
Date: September 19, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: generic drug pay for delay
Mega-ScandalGeneric Drug Pay for Delay
Violation Description: The Indian pharmaceutical company Ranbaxy agreed to pay $485 million to resolve multi-district litigation alleging it manipulated the Food and Drug Administration's approval process to stop competitors from developing generic versions of three medications.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:19md2878
Case Name: In Re: Ranbaxy Generic Drug Application 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.