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Company: Roxane Laboratories Inc.
Current Parent Company:
Hikma Pharmaceuticals
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $280,000,000
Year: 2010
Date: December 7, 2010
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal:
Drug Pricing Abuses
Violation Description: Abbott Laboratories Inc., B. Braun Medical Inc. and Roxane Laboratories Inc. n/k/a Boehringer Ingelheim Roxane Inc. and affiliated entities agreed to pay $421 million to settle False Claims Act allegations, that they engaged in a scheme to report false and inflated prices for numerous pharmaceutical products knowing that federal healthcare programs relied on those reported prices to set payment rates.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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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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