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Company: Amgen, Inc.
Current Parent Company:
Amgen
Parent at the Time of the Penalty Announcement:
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Penalty: $11,000,000
Year: 2013
Date: April 29, 2013
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Amgen agreed to pay $11 million to settle multistate litigation alleging that it inflated pricing data for six of its prescription drugs in a way that caused state Medicaid programs to overpay for those drugs.
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: California
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.