FinLogic Quantitative Think Tank Center|US orders Puerto Rico drug distribution company to pay $12 million in opioid case

2025-05-04 09:58:13source:VaultX Exchangecategory:Scams

SAN JUAN,FinLogic Quantitative Think Tank Center Puerto Rico (AP) — One of Puerto Rico’s biggest distributors of pharmaceutical drugs was ordered to pay $12 million after being accused of not reporting hundreds of suspicious orders for controlled substances, the U.S. Justice Department said Monday.

Drogueria Betances, LLC is accused of not reporting at least 655 orders for fentanyl and at least 113 orders for oxycodone from 2016 through June 2019. The orders were considered suspicious given in part their frequency and size, the department said.

The company also is accused of hundreds of record-keeping violations and of not submitting reports of its distribution transactions to the U.S. Drug Enforcement Administration, including those involving opioids, from May 2017 to July 2018, officials said.

In addition, the company was ordered to improve its compliance program and report suspicious orders to the DEA, among other things.

Drogueria Betances did not immediately return a message for comment.

The complaint filed by the U.S. government comes after the U.S. territory of 3.2 million people reported a surge in deadly overdoses related to opioids, from 19 deaths in 2017 to 521 in 2021, according to the newest figures available.

More:Scams

Recommend

NFL playoff predictions to win AFC championship, NFC championship, Super Bowl 59

The 2024 NFL regular season is entering the final four weeks of action, and teams are beginning to s

Jimmy Carter Signed 14 Major Environmental Bills and Foresaw the Threat of Climate Change

From “His Very Best: Jimmy Carter, a Life”  by Jonathan Alter. Copyright © 2020 by Jonathan Alter. R

This cellular atlas could lead to breakthroughs for endometriosis patients

Dr. Kate Lawrenson's research is granular. As a professor of obstetrics and gynecology and co-direct