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Company: Par Pharmaceutical Cos., Inc.
Current Parent Company:
Endo International
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $1,700,000
Year: 2011
Date: March 29, 2011
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Par Pharmaceutical Cos., Inc. agreed to pay $1.7 million in settlement of allegations it misreported the average wholesale price of its drugs.
Level of Government: state
Action Type: agency action
Agency: Idaho Attorney General
Civil or Criminal Case: civil
Facility State: Idaho
HQ Country of Current Parent: Ireland
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.