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Violation Tracker Individual Record

Company: Vyera Pharmaceuticals LLC
Penalty: $40,000,000
Year: 2021
Date: December 7, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Federal Trade Commission and a group of state attorneys general announced an agreement that will end the illegal and monopolistic behavior of Vyera Pharmaceuticals LLC -- previously known as Turing Pharmaceuticals -- and its former CEO. The agreement also forces Vyera and its parent company, Phoenixus AG, to pay up to $40 million and bans Mulleady from having almost any role with a pharmaceutical company for seven years.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.