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Violation Tracker Individual Record

Company: U.S. Bioservices Corporation
Current Parent CompanyCencora Inc.
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Penalty: $13,400,000
Year: 2017
Date: September 7, 2017
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: U.S. Bioservices agreed to pay $13.4 million to settle multistate allegations that it recommended the drug Exjade to Medicaid patients in exchange for kickbacks from Novartis Pharmaceuticals Corporation, which marketed the drug.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: wholesalers
Specific Industry of Current Parent: wholesalers-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.