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Actavis Inc.
Actavis Totowa and FDA Reach Agreement on Consent Decree
January 17th, 2009
Actavis Inc. announced that it has reached agreement on a Consent Decree of Permanent Injunction with the Food and Drug Administration (FDA) regarding the company’s Actavis Totowa LLC subsidiary. This agreement, in effect, settles the issues identified by the Department of Justice in its previously filed complaint against Actavis Inc., Actavis Totowa, and officers Sigurdur Oli Olafsson and Douglas Boothe. The Consent Decree only affects operations at Actavis Totowa in New Jersey. Pursuant to the Consent Decree, Actavis has agreed to not distribute any products from the Actavis Totowa facilities until it has certified completion of certain enumerated requirements that...
Source: Law & Health Weekly (2009-01-17)
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