Violation Tracker Individual Record

Company: 
Sandoz, Inc.
Current Parent Company: 
Novartis
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 Parent: 
Switzerland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.