The ban only lasts until April 2025, although it could be extended, and does not apply to the company’s local subsidiary, Teva Canada. The last federal contract with Teva Pharmaceuticals USA, a sole-source contract from the Department of National Defence for an adenovirus vaccine, appears to have ended in October, just days before the suspension began. Per the deferred prosecution agreement, Teva USA admitted its role in three price-fixing conspiracies involving different “essential medicines,” including a widely-used cholesterol medicine called pravastatin. He also wondered why Apotex was not also banned from federal government contracts after it admitted to its role in the price-fixing scheme years before Teva. Other than Teva USA, five other companies have been suspended or deemed ineligible for 10 years from bidding on Canadian government contracts.

Source: National Post November 27, 2023 11:13 UTC