Gary Tanner and Andrew Davenport, the former CEO of Philidor Rx Services, have been arrested and charged with fraud. Preet Bharara, United States Attorney for the Southern District of New York, is accusing Tanner and Davenport of engaging in a “multi-million dollar fraud and kickback scheme” against Valeant Pharmaceuticals.
Bharara’s charges accuse Tanner, a former Valeant executive, and Davenport of fraudulently building Philidor, a Pennsylvania-based specialty pharmacy, through its near-exclusive access to Valeant.