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FCPA Settlement

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Teva Pharmaceuticals to pay nearly US$520M in record-breaking FCPA settlement

Photo of Ilana Beth Sinkin (US)
By Ilana Beth Sinkin (US) on December 27, 2016

The world’s largest manufacturer of generic pharmaceuticals, Israeli-based Teva Pharmaceutical Industries Ltd. (“Teva International”), and certain of its global subsidiaries agreed to pay nearly US$520 million and enter into a Deferred Prosecution Agreement (“DPA”) to resolve allegations that the companies…

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