Valeant Pharmaceuticals OFAC Settlement: $5.5K (2004)

Last updated: July 20, 2026

Valeant Pharmaceuticals, Inc. on behalf of ICN Pharmaceuticals, Inc and ICN Galenika settled a civil penalty of $5,500.00 for the exportation of funds to Yugoslavia in 2000, in violation of the Kosovo sanctions program. The matter involved a voluntary disclosure.

Penalty Amount

$5,500.00

Enforcement Date

June 4, 2004

Rank in Top Penalties

#665

Case Details

Type:: Entity
Name:: Valeant Pharmaceuticals, Inc. on behalf of ICN Pharmaceuticals, Inc and ICN Galenika
Country:: 🇺🇸 United States
Industry:: Healthcare
Address:: Costa Mesa, CA 92626
Penalty amount:: $5,500.00
Egregious case:: Unknown
Voluntary self disclosure:: Yes
Case:: Settled
Violation period:: From 2000
Program:: Kosovo
Enforcement date:: June 4, 2004

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

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