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Company: Amneal Pharmaceuticals
Current Parent Company:
Amneal Pharmaceuticals
Parent at the Time of the Penalty Announcement:
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Penalty: $272,500,000
Year: 2024
Date: May 3, 2024
Offense Group: healthcare-related offenses
Primary Offense: off-label or unapproved promotion of medical products
Mega-Scandal:
Opioid Crisis
Violation Description: Amneal Pharmaceuticals agreed to pay $272.5 million in a nationwide settlement to address its role in the opioid epidemic. It allegedly failed to report suspicious opioid orders.
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: 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.
