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Whistleblower Case Leads to Largest Settlement Ever with Generic Drug Maker

by Hoyer Law Group, PLLC | May 15, 2013 | Firm News

The generic drug maker Ranbaxy pleaded guilty on Monday to federal drug safety violations and will pay $500 million in fines to resolve claims that it sold subpar drugs and made false statements to the Food and Drug Administration about its manufacturing practices at two factories in India, the company and federal prosecutors announced Monday. The settlement is the largest in history involving a generic manufacturer and drug safety, the Justice Department said.

Click here to read more from the New York Times.

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