AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Fagron N.V.

Legal Proceedings Report Jun 26, 2019

3949_iss_2019-06-26_c76f9707-b17f-4d6c-9a24-e815ce5f3d4e.pdf

Legal Proceedings Report

Open in Viewer

Opens in native device viewer

Regulated information - Inside information Nazareth (Belgium)/Rotterdam (The Netherlands), 26 June 2019 – 15:00 CEST

Fagron reaches settlement in principle with US Department of Justice

Fagron announced today that it has reached a settlement in principle with the US Department of Justice regarding the previously announced civil investigation in the context of the sector-wide investigation into the pricing of pharmaceutical products. The final, legally binding, settlement between the US Department of Justice and Fagron is expected to be formalized in the second semester of 2019.

The settlement in principle consists of a payment by Fagron of US\$ 22.3 million (€ 19.6 million). In anticipation of the conclusion of a definitive settlement, Fagron takes, in addition to the current provision of US\$ 8.4 million, an additional provision of US\$ 13.9 million, which will be included in the results of the first semester of 2019.

In the event of differences between the English translation and the Dutch original of this press release, the latter prevails.

For more information

Constantijn van Rietschoten Chief Communications Officer Tel. +31 6 53 69 15 85 [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.