Organization

American Therapeutics

Generic drug company that pleaded guilty in 1990 to criminal counts in the generic drug probe.

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CEO

involved in

Timeline 1 date
  1. until 1990 Raju Vegesna CEO of American Therapeutics
Proof 2 sources
  1. American Therapeutics' former CEO Vegesna receives stiffest sentence yet for role in generic scandal, The Pink Sheet, 30 Jul 1990. Scholarship & press
    American Therapeutics' former CEO and president Raju Vegesna was sentenced to two years of incarceration and a $50,000 fine
  2. American Therapeutics Inc. fined $1 mil. for four counts of bribery and fraud, The Pink Sheet, 22 Oct 1990. Scholarship & press
    American Therapeutics Inc. received a $1 mil. fine after pleading guilty to four counts of paying illegal gratuities, obstruction, falsification of data and failure to meet good manufacturing practices (GMPs)
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