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Company: Schering-Plough
Current Parent Company:
Merck
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $27,000,000
Year: 2004
Date: May 3, 2004
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: fraud
Mega-Scandal:
Healthcare Billing Abuses
Violation Description: Schering Corporation, Schering-Plough Corporation and Warrick Pharmaceuticals Corporation agreed to pay the United States and the state of Texas $27 million to settle allegations of health care fraud.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
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
Update Log.