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Company: Cencora
Current Parent Company:
Cencora Inc.
Parent at the Time of the Penalty Announcement:
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Penalty: $110,000,000
Year: 2024
Date: March 4, 2024
Offense Group: healthcare-related offenses
Primary Offense: off-label or unapproved promotion of medical products
Secondary Offense: opioid crisis litigation
Mega-Scandal:
Opioid Crisis
Violation Description: Cencora agreed to a settlement with the state of Alabama to resolve its role in the opioid crisis. This was part of a settlement also involving Cardinal Health totaling $220 million. We assume an even split for this penalty amount.
Level of Government: state
Action Type: agency action
Agency: Alabama Attorney General
Civil or Criminal Case: civil
Facility State: Alabama
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:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.