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Company: Lupin Pharmaceuticals, Inc.
Current Parent Company:
Lupin Limited
Parent at the Time of the Penalty Announcement:
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Penalty: $63,000,000
Year: 2019
Date: November 15, 2019
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal:
Drug Pricing Abuses
Violation Description: Lupin Pharmaceuticals agreed to pay $63 million to resolve litigation brought under the Texas Medicaid Fraud Prevention Act for reporting inflated drug prices to the Medicaid program.
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
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.