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India's Largest Generic Drugmaker Ranbaxy Pays $500 Million to Settle Systemic Generic Drug Manufacturing Fraud
Date:5/13/2013

WASHINGTON, May 13, 2013 /PRNewswire-USNewswire/ -- Stein Mitchell Muse & Cipollone LLP announced today that Ranbaxy Laboratories Limited ("Ranbaxy"), India's largest generic drug manufacturer, has agreed to pay $500 million to the United States and individual States to resolve allegations by the law firm's client, Dinesh S. Thakur , that Ranbaxy falsified drug data and systemically violated Current Good Manufacturing and Laboratory Practices resulting in substandard and unapproved drugs. The groundbreaking settlement is the largest of its kind against a generic drug manufacturer under the qui tam provisions of the False Claims Act ("FCA").

Today's settlement was due to the extraordinary efforts of whistleblower Dinesh Thakur . As a former Ranbaxy Director and Global Head, Research Information & Portfolio Management, Mr. Thakur learned of Ranbaxy's wrongdoing and reported the findings to company management who failed to correct the problems. In 2005, Mr. Thakur left the company and reported the fraud to government authorities. For the next eight years, he worked to expose and document the complex and well-hidden fraud.

With the assistance of his counsel Andrew M. Beato and Bob Muse of Stein Mitchell Muse & Cipollone in Washington, DC, Mr. Thakur filed a whistleblower lawsuit in 2007 under the FCA detailing Ranbaxy's violations. Filed in the United States District Court for the District of Maryland (Civ. No. 1:07-cv-00962-JFM), the lawsuit alleges that Ranbaxy caused false claims for payment to be submitted to government healthcare programs for numerous adulterated drugs. The FCA's qui tam provisions allow whistleblowers to report fraud on a government program with the protec
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SOURCE Stein Mitchell Muse & Cipollone LLP
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