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Why did Forest Laboratories pay $313 million?

Some of the products Forest Laboratories marketed with its partners included: In September 2010, the company agreed to pay $313 million to resolve allegations of civil and criminal liability relating to felony, obstruction of justice, and the illegal distribution and promotion of pharmaceuticals, charges to which it pled guilty.

How much did Forest Labs make in 1990?

By the early 1990s it was clear that Forest Labs' new strategy was a shrewd one. Indeed, the company's annual revenues had ballooned since the mid-1980s to about $133 million by 1990, of which $30 million was profit. Sales increased to $176 million in 1991 as income leapt to approximately $40 million.

Will memantine become Forest Labs' next big seller?

Of these and other products in the pipeline, it appeared that memantine was the one most likely to become Forest Labs' next big seller. Principal Subsidiaries: Forest Pharmaceuticals, Inc.; Inwood Laboratories, Inc.; Forest Laboratories Ireland Limited; Forest Laboratories Europe (U.K.); Tosara Products Limited (U.K.).

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