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Servier Founder Charged in Deaths Granted 4 Million Euro Bail

Jacques Servier, chairman of France’s second-largest drugmaker, must post bail of 4 million euros ($5.51 million) and his freedom may be restricted as he faces charges that he helped hide the risks of a drug suspected of causing the deaths of as many as 2,000 people.

Servier and five affiliated companies of Laboratoires Servier, which he founded, were charged today by French magistrates, the company said in a statement. Servier must provide a financial guarantee of 6 million euros by Dec. 15, according to the release.