Novartis Greece and Alcon agree to pay $233 million to resolve FCPA investigation

By Sascha Matuszak

The United States Department of Justice (DOJ) announced on June 25 that Novartis Hellas S.A.C.I. (Novartis Greece), a subsidiary of Novartis AG, and Alcon Pte Ltd, a former subsidiary of Novartis AG and current subsidiary of Alcon Inc., resolved an investigation into violations of the Foreign Corrupt Practices Act by agreeing to pay a substantial fine.

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