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The U.S. Department of Justice said Novartis Hellas, a Greece-based unit, will pay a $225 million criminal penalty and entered a deferred prosecution agreement.
Alcon (NYSE:ALC) Pte, a former Novartis unit that is now part of Alcon AG (S:ALCC), will pay an $8.9 million criminal penalty and entered its own deferred prosecution agreement.
Novartis will also pay $112.8 million to settle related civil charges by the U.S. Securities and Exchange Commission.
