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Israeli drugmaker fined $519m in US for foreign bribes
Teva Pharmaceutical USA Inc.
The case included bribes by Teva Pharmaceutical Industries to a high-ranking Russian government official.
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Israeli generic drug giant Teva will pay $519 million to settle US charges of bribery of foreign officials to win business in Russia, Ukraine and Mexico, US officials announced Thursday.
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The case included bribes by Teva Pharmaceutical Industries to a "high-ranking Russian government" official who used his authority to boost sales of one Teva drug, resulting in more than $200 million in illicit profits for Teva and about $65 million for the Russian official, the Justice Department said.
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