Keyword: fraud

News

“Pharma Bro” Ordered to Pay $7.4 Million

09.03.2018 - Martin Shkreli, who gained notoriety in 2015 for jacking up the price of Daraprim (pyrimethamine), a 62-year-old drug used to treat toxoplasmosis, has been ordered by a US federal...

Plant Construction & Process Technology

Supply Chain Integrity and Patient Safety

27.09.2017 - Investigation into future trends in the medical and pharmaceutical sector shows that digitalization is changing supply chains in the healthcare industry. Such diverse issues like...

News

Jury Convicts Martin Shkreli of Fraud

09.08.2017 - Martin Shkreli, the eccentric former CEO of Turing Pharmaceuticals, who made headlines in 2015 by jacking up the price of Daraprim (pyrimethamine), a 62-year-old drug used to treat...

News

FDA Warns on Illegal Cancer Treatments

27.04.2017 - The US Food and Drug Administration (FDA) has sent warning letters to 14 US-based companies it accuses of illegally selling more than 65 products fraudulently claiming to prevent...

News

Shkreli’s Fraud Trial Set for June 2017

15.07.2016 - A US federal judge has set Jun. 26, 2017 as the trial date for Martin Shkreli, the 33-year-old founder of Retrophin and Turing Pharmaceuticals and former CEO of KalaBios as well as...

News

US Sandoz Arm Fights US Overpay Lawsuit

18.06.2015 - Sandoz, Inc., the US arm of Novartis’ generic drugs division, is asking the Supreme Court of the US state of Mississippi to reverse a county court’s $38.2 million judgment against...

News

AkzoNobel US Subsidiary Said Defrauded of €53 million

19.11.2014 - A US subsidiary of AkzoNobel based in Chicago has been been defrauded of up to €53 million, the Dutch chemical producer said, without providing details. The company said it had...

News

Former Bristol-Myers Executive Admits to Insider Trading

11.06.2013 - A former Bristol-Myers Squibb finance executive on Monday pleaded guilty to an insider trading charge, admitting to buying stock options in a biotechnology company that the...