Ex-Valeant Executive Guilty of Taking Pharmacy CEO’s Bribe
- Three-week trial in N.Y. revived the drugmaker’s past pain
- Jurors were told of an alias emails and offshore accounts
Photographer: Michael Nagle/Bloomberg
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Former Valeant Pharmaceuticals International Inc. executive Gary Tanner was found guilty of accepting a $10 million bribe for manipulating the company’s takeover of a startup mail-order pharmacy in 2014.
Ex-Philidor Rx Services LLC Chief Executive Officer Andrew Davenport, who paid the kickback, was also convicted Tuesday after a three-week trial. The jury verdict in Manhattan federal court is the latest fallout from a scandal that shook the drugmaker three years ago.