Friday, February 28, 2014

DoJ Closes Merck's 2010-era FCPA Jacket -- Good News.

Last week, Baxter let it be known that it too had heard from DoJ, and the files were being closed. This is part of an almost industry wide probe.

In Merck's Form 10-K, Whitehouse Station now discloses it has been notified that the investigation is concluded. Not surprising, and recall that this is earlier, and not the same as the Chinese hotel referrer payments investigation of mid-2013. That one is ongoing -- and includes Glaxo, AstraZeneca (and others well-beyond Merck).

That's about all I've got -- for this Friday afternoon.

Be well -- and be excellent -- all weekend to one another.

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