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Violation Tracker Individual Record

Company: Sandoz, Inc.
Current Parent CompanyNovartis
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $12,640,000
Year: 2015
Date: March 11, 2015
Offense Group: healthcare-related offenses
Primary Offense: HHS civil monetary penalties
Violation Description: Sandoz, Inc., a New Jersey generic pharmaceutical manufacturer, entered into a $12,640,000 settlement agreement to resolve allegations that Sandoz misrepresented drug pricing data to the Medicare program.
Level of Government: federal
Action Type: agency action
Agency: Health & Human Services Department Office of Inspector General
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.