Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Sandoz Inc.
Current Parent CompanySandoz Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $185,000,000
Year: 2021
Date: October 1, 2021
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: price-fixing or anti-competitive practices
Mega-ScandalDrug Pricing Abuses
Violation Description: Three generic pharmaceutical manufacturers, Taro Pharmaceuticals USA, Inc., Sandoz Inc. and Apotex Corporation, agreed to pay a total of $447.2 million to resolve alleged violations of the False Claims Act arising from conspiracies to fix the price of various generic drugs.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.