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Home » SCHERING-PLOUGH IN DEAL TO SETTLE PROBE
SCHERING-PLOUGH IN DEAL TO SETTLE PROBE
Schering-Plough Corp. said Tuesday it has agreed to pay $435 million and will plead guilty to conspiracy to settle a federal investigation into its drug sales and marketing practices and its clinical trial programs. Kenilworth, N.J.-based Schering-Plough said it will pay $255 million to resolve civil aspects of the previously disclosed investigation. A subsidiary, Schering Sales Corp., will pay a criminal fine of $180 million and plead guilty to one count of conspiracy under the agreement, which is subject to court approval.
Yahoo News (http://news.yahoo.com/s/ap/20060829/ap_on_bi_ge/schering_plough_settlement_2)
KEYWORDS FDAnews Drug Daily Bulletin
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21Oct