FCPA Scorecard Blog
Foreign Corrupt Practices Act & Anti-Corruption
DOJ Joins SECs Investigation of Pharmaceutical Company Alexion
On November 2, Alexion Pharmaceutical Inc. disclosed that the Department of Justice had requested documents and other information related to the companys compliance with the FCPA. The Securities and Exchange Commission is also investigating the companys compliance with the FCPA, a fact that Alexion disclosed in May. The SECs subpoena sought information about Alexions grant-making activities worldwide, specifically naming Japan, Brazil, Turkey and Russia in its request, and also addressed non-FCPA items. The drugmaker said that it planned to cooperate with DOJs investigation.