For­mer No­var­tis ex­ec pleads guilty to gener­ic price fix­ing

On Fri­day, Hec­tor Ar­man­do Kel­lum — a for­mer se­nior ex­ec­u­tive at No­var­tis’ San­doz unit plead guilty to charges of con­spir­ing to fix the prices of prod­ucts, in­clud­ing eczema and pso­ri­a­sis treat­ment clo­be­ta­sol and an­ti-fun­gal ther­a­py nys­tatin tri­am­ci­nolone, the Jus­tice De­part­ment said.

His al­leged part­ners-in-crime in­clud­ed Ara Apra­hami­an, a for­mer sales and mar­ket­ing ex­ec­u­tive at Taro Phar­ma­ceu­ti­cal In­dus­tries, who was al­so in­dict­ed in Philadel­phia ear­li­er this month for price-fix­ing and bid-rig­ging.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.