Backdating stock options mylan labs


Fortune has also uncovered evidence that the company’s misconduct continued well into 2009, even after the FDA restricted the company’s activities.This account is based on more than 1,000 confidential Ranbaxy documents, including internal reports, memos, e-mails, hundreds of pages of FDA documents obtained through Freedom of Information Act requests, and court records.Due to complex logistics, foreign inspections can last less than a week and allow companies weeks of advance notice, while domestic ones can last up to six weeks and are unannounced.



So he had moved his wife and baby son to Gurgaon to join India’s largest drugmaker and its first multinational pharmaceutical company.It now has agents based in India and other countries.But even if the frequency were equal, the inspections themselves are not.He had returned the previous day from South Africa, where he had met with government regulators. The two men strolled into the hall to order tea from white-uniformed waiters.

As they returned, Kumar said, “We are in big trouble,” and motioned for Thakur to be quiet.

For three scary days, his son’s 102° fever persisted, despite the medicine. Now he took the boy in his arms and resolved not to give his family any more Ranbaxy drugs until he knew the truth.