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Schering-Plough pleads guilty to conspiracy, will sign CIA addendum

Pharma Compliance Alert, August 30, 2006

Schering-Plough says its Schering Sales Corporation subsidiary will plead guilty to one count of conspiracy to make false statements to the government. The guilty plea is part of an agreement with the U.S. Attorney's Office for the District of Massachusetts and the U.S. Department of Justice to settles a government investigation into the company's sales, marketing, and clinical trials practices and programs.

In connection with the settlement, Schering-Plough Corporation will sign an addendum to an existing corporate integrity agreement with the OIG. The company says the addendum won't affect its ongoing business with customers, including the federal government.

The subsidiary will also pay a criminal fine of $180 million, and Schering-Plough will pay $255 million to resolve civil aspects of the investigation.

Schering-Plough also pointed out in its statement about the settlement and guilty plea that the investigation began prior to the arrival of the company's new management, and said that "business integrity [is] at the center of its work."

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