Friday, March 11, 2011

Former CEO of KV Pharm. Co - - guility (misbranding)

The former chairman and CEO of St. Louis-based KV Pharmaceutical Co. has pleaded guilty to two federal charges of misbranding drugs.  The company shipped over-sized tablets to retailers in California and Canada that were falsely labeled (the morphine sulfate tablets had more of the active ingredient than labeled).  He was sentenced to 1 month in prison and a $1 million fine and agreed to forfeit $900,000 to Government.

Click here for the DoJ press release.  

The plea agreement is below.
Hermelin.plea.agreement                                                                                                   

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