IVAX Pharmaceuticals, Inc.
News and overview for IVAX Pharmaceuticals, Inc.
Ivax fine: Ivax in Weston agrees to pay $14 million to settle kickback case -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 17 days 10 hours 50 minutes ago
Ivax pays $14 million to end federal investigation into charges it paid kickbacks to nursing home chain
Nation's Largest Nursing Home Pharmacy and Drug Manufacturer to Pay $112 Million to Settle False Claims Act Cases [Press Release]
PRNewswire | 19 days 1 hour 30 minutes ago
...pharmacy, Omnicare Inc. of Covington...manufacturer, IVAX Pharmaceuticals of Weston...including IVAX, the Justice...Health Care Inc. and SavaSeniorCare...solicited, and IVAX paid, $8 million...subsidiary of Teva Pharmaceuticals Industries...
/C O R R E C T I O N -- Sidoti & Company LLC/ [Press Release]
PRNewswire | 31 days 4 hours 29 minutes ago
In the news release, Sidoti & Company LLC Continues to Evolve and Grow, issued 22-Oct-2009 by Sidoti & Company LLC over PR Newswire, we are advised by the company that the release was truncated and should include a list of presenting companies, rather than ending after the third paragraph, as originally issued inadvertently. The complete, corrected release follows:
Cardo Medical, Inc. Announces Closing of $6.2 Million Private Placement [Press Release]
PRNewswire | 6 days 7 hours 46 minutes ago
...Cardo Medical, Inc. , an orthopedic medical...stock. Cardo Medical, Inc. intends to use the proceeds...Chairman and founder of IVAX pharmaceuticals stated, "I continue...Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg...
IVAX to pay $14M fine related to kickback allegations
Miami Herald, The | 18 days 12 hours 47 minutes ago
The U.S. Department of Justice announced Tuesday that it had settled a case with IVAX Pharmaceuticals, a Weston-based division of Teva Pharmaceutical Industries, in which IVAX will pay $14 million to resolve allegations that it paid $8 million in kickbacks to Omnicare Inc. to get the company to purchase its drugs.
IVAX to pay $14M fine related to kickback allegations - Breaking News - MiamiHerald.com
Miami Herald, The | 18 days 12 hours 32 minutes ago
The U.S. Department of Justice announced Tuesday that it had settled a case with IVAX Pharmaceuticals, a Weston-based division of Teva Pharmaceutical Industries, in which IVAX will pay $14 million to resolve allegations that it paid $8 million in kickbacks to Omnicare Inc. to get the company to purchase its drugs.
IVAX to pay $14M fine related to kickback allegations - Breaking News - Business - MiamiHerald.com
Miami Herald, The | 18 days 12 hours 32 minutes ago
The U.S. Department of Justice announced Tuesday that it had settled a case with IVAX Pharmaceuticals, a Weston-based division of Teva Pharmaceutical Industries, in which IVAX will pay $14 million to resolve allegations that it paid $8 million in kickbacks to Omnicare Inc. to get the company to purchase its drugs.
Omnicare, Teva co pay $112 million for kickbacks
Forbes | 19 days 5 hours 51 minutes ago
WASHINGTON (Reuters) - Omnicare Inc, the largest U.S. provider of pharmacy services to nursing homes, will pay $98 million and Teva subsidiary IVAX Pharmaceuticals will pay $14 million to settle allegations of kickbacks, the U.S. Department of Justice said Tuesday.
UPDATE 1-Omnicare, Teva co pay $112 million for kickbacks
Forbes | 19 days 5 hours 51 minutes ago
WASHINGTON, Nov 3 (Reuters) - Omnicare Inc, the largest U.S. provider of pharmacy services to nursing homes, will pay $98 million and Teva subsidiary IVAX Pharmaceuticals will pay $14 million to settle allegations of kickbacks, the U.S. Department of Justice said on Tuesday.
Omnicare will settle kickback cases for $98M
Seattle Times, The | 19 days 5 hours 28 minutes ago
NEW YORK Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare settles kickback cases for $98M | Kentucky Enquirer | nky.com
Courier-Journal (Louisville, Ky.), The | 19 days 3 hours 22 minutes ago
Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, has completed a deal to pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare will settle kickback cases for $98M
Forbes | 19 days 5 hours 19 minutes ago
NEW YORK -- Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare settles kickback cases for $98M
Cincinnati Enquirer, The | 19 days 3 hours 45 minutes ago
Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, has completed a deal to pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare will settle kickback cases for $98M | courier-journal.com | The Courier-Journal
Courier-Journal (Louisville, Ky.), The | 19 days 3 hours 22 minutes ago
NEW YORK (AP) Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
Omnicare Settles Charges in Kickback Case
Wall Street Journal, The | 19 days 2 hours 57 minutes ago
Omnicare Inc. will pay $98 million to settle charges that it engaged in several kickback schemes with drug makers and nursing homes, the Justice Department said Tuesday.
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Company Overview
| Company: | IVAX Pharmaceuticals, Inc. |
|---|---|
| Industry: | Generic Drugs |
| Website: | http://www.ivaxpharmaceuticals.com |
IVAX Pharmaceuticals, a subsidiary of IVAX Corporation, makes some 50 generic medications in about 120 different dosages. Among its products is the authorized generic version of Purdue Pharma's narcotic painkiller OxyContin; an authorized generic is a drug manufactured by the drug's patent holder but sold by another firm. IVAX Pharmaceuticals has marketed authorized generic drugs for druggernauts Johnson & Johnson and GlaxoSmithKline. IVAX Pharmaceuticals' future is uncertain with the announcement by TEVA Pharmaceutical in mid-2005 that it plans to plans to acquire IVAX Corporation.
Key Numbers
| Sales in U.S. Dollars (mil.) | 153 (2005) |
|---|---|
| One-year % Growth in Sales | 0.0 (2005) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 1,200 (2005) |
| One-year % Growth in Number of Employees | 0.0 (2005) |
| Fiscal Year-End | December |