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Biotechnology Business
Cephalon Concludes All Outstanding Federal and State Government Investigations into the Company's Sales and Promotional Practices
October 18th, 2008
Cephalon, Inc. (NASDAQ:CEPH) announced it has finalized a previously announced agreement in principle with the U.S. Attorney's Office for the Eastern District of Pennsylvania, the U.S. Department of Justice and various other federal agencies. The Company also reached separate agreements with the Attorneys General of the states of Connecticut and Massachusetts to settle related investigations into the company's sales and promotional practices. The initial investigations began in 2004 and involved three of the company's nine proprietary products in the United States -- Actiq(R) (oral transmucosal fentanyl citrate) [C-II], Provigil(R) (modafinil) Tablets [C-IV], and GabitRil(R) (tiagabine...
Source: Law & Health Weekly (2008-10-18)
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