Ex-Valeant Executive, Ex-Pharmacy CEO Charged for Fraud Scheme

Source: Reuters

Thursday, November 17, 2016 | Miscellaneous , Valeant


US prosecutors on Thursday filed charges against a former Valeant Pharmaceuticals International executive and a former CEO of mail order pharmacy Philidor Rx Services, alleging they engaged in a multimillion-dollar fraud and kickback scheme. Federal prosecutors in Manhattan accused Gary Tanner, a former senior Valeant director, of secretly agreeing with former Philidor CEO Andrew Davenport to pay $100 million for the right to buy the specialty pharmacy, which is now defunct.

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