Senate OKs Bill To Beef Up Counterfeit Drug Penalties

Law360, New York (March 7, 2012, 7:25 PM EST) -- The U.S. Senate passed a bill Tuesday evening that would increase and in some cases double the maximum penalties for those convicted of trafficking in counterfeit drugs, weeks after fake vials of the cancer drug Avastin were found in the U.S. and Europe.

Under the legislation, an individual convicted of counterfeit drug trafficking could face up to $4 million in fines for a single offense and $8 million in fines for multiple offenses, plus up to 20 years in prison. A company would see maximum fines...
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