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Company: Ranbaxy Pharmaceuticals, Inc. et al.
Current Parent Company:
Sun Pharmaceuticals
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $17,875,000
Year: 2014
Date: October 16, 2014
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Falsification of wholesale drug price reporting. Federal government shared in the settlement. Penalty amount listed here is state portion only.
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: Attorney General Abbott Recovers $39.75 Million for State ofTexas, U.S. Medicaid Program, Targeted News Service, October 16, 2014 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker
Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.