Violation Tracker Individual Record

Company: 
Wyeth Pharmaceuticals, Inc.
Current Parent Company: 
Pfizer
Penalty: 
$371,351,180
Year: 
2016
Date: 
April 27, 2016
Offense Group: 
government-contracting-related offenses
Primary Offense: 
False Claims Act and related
Violation Description: 

Wyeth and its parent Pfizer agreed to pay $371 million to resolve multistate allegations that Wyeth knowingly reported to Medicaid agencies false and fraudulent prices on two of its proton pump inhibitor drugs, Protonix Oral and Protonix IV. This was part of a larger $784 million settlement involving the federal government; see the Violation Tracker entry at https://violationtracker.goodjobsfirst.org/violation-tracker/-pfizer-inc-2

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
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.