SEC
Whistleblower
Advocates

December 22, 2016

Teva Pharmaceutical Industries Limited

Foreign Corrupt Practices Act

SANCTION AMOUNT: $236,101,824

Defendants: Teva Pharmaceutical Industries Limited

Part of a larger settlement of more than $519 million to settle parallel civil and criminal charges of FCPA violations due to paying bribes to government officials in Russia, Ukraine and Mexico. The company allegedly made more than $214 million in illicit profits by virtue of the bribes, which led to increased market share, favorable regulatory and formulary approvals, and favorable drug purchase and prescription decisions.

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