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Company: Dr. Reddy's Laboratories
Current Parent Company:
Dr. Reddy's Laboratories
Parent at the Time of the Penalty Announcement:
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Penalty: $12,900,000
Year: 2022
Date: June 8, 2022
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: The Texas Attorney General resolved an enforcement action against pharmaceutical manufacturer Dr. Reddy's Laboratories for reporting inflated drug prices to the Texas Medicaid program. DRL will pay $12.9 million to settle the claims against it.
Level of Government: state
Action Type: agency action
Agency: Texas Attorney General
Civil or Criminal Case: civil
Facility State: Texas
HQ Country of Current Parent: India
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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