Canadian pharmacy fined $34 million for illegal imports - News Summed Up

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Canadian pharmacy fined $34 million for illegal imports


But U.S. prosecutors say Canada Drugs’ business model is based entirely on illegally importing unapproved and misbranded drugs not just from Canada, but from all over the world. The company has made at least $78 million through illegal imports, including two that were counterfeit versions of the cancer drugs Avastin and Altuzan that had no active ingredient, prosecutors said. On Friday, a judge in Missoula, Montana, approved federal prosecutors’ recommended sentences that include $29 million forfeited, $5 million in fines and five years’ probation for Canada Drugs. Canada Drugs’ and Thorkelson’s attorneys did not return messages seeking comment. The company and two overseas subsidiaries pleaded guilty to introducing misbranded drugs into interstate commerce, and the subsidiaries also agreed to plead guilty to selling counterfeit drugs.


Source: Philippine Daily Inquirer April 15, 2018 04:07 UTC



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