Live Update 
From the Liveblog of
Thursday, December 22, 2016
From the Liveblog of
Thursday, December 22, 2016
US fines Israeli drugmaker Teva $519m over foreign bribes
Add ToI as a Preferred Source on GoogleIsraeli 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, American officials announce.
The case included bribes by Teva Pharmaceutical Industries to a “high-ranking Russian government” official who used his authority to boost sales of one of its drug, resulting in more than $200 million in illicit profits for Teva and about $65 million for the Russian official, the Justice Department says.
— AFP
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