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Violation Tracker Individual Record

Company: Sandoz Inc.
Current Parent CompanySandoz Group
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Penalty: $1,750,000
Year: 2017
Date: November 27, 2017
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Sandoz agreed to pay over $1 million to end-payor plaintiffs to settle litigation alleging it and Lupin Ltd entered into a deal with Valeant Pharmaceuticals to delay launching their generic version of the acne medication Solodyn.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:14-md-02503
Case Name: In re Solodyn (Minocycline Hydrochloride) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.