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Company Directory - Servier Pharmaceuticals

Company Details - Servier Pharmaceuticals

Servier Pharmaceuticals Logo

Servier Pharmaceuticals

Website

Suresnes, France

Servier is a global pharmaceutical group dedicated to providing innovative and accessible therapeutic solutions to patients. The company is involved in research, development, production, and marketing of pharmaceutical products across a diverse range of therapeutic areas.

CCI Score

CCI Score: Servier Pharmaceuticals

-76.61

0.05%

Latest Event

Servier Faces Massive Financial Penalties in Mediator Scandal

Servier Pharmaceuticals has been ordered to pay over €415 million in compensation plus additional fines following its deceptive marketing of the appetite suppressant Mediator, which caused severe cardiovascular harm and hundreds of deaths.

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ARCHITECT

Servier Pharmaceuticals is currently rated as an Architect.

-60 to -100 CCI Score
Companies in this category are instrumental in designing and executing authoritarian rule. They actively create and implement frameworks that sustain oppressive policies, wielding considerable influence in shaping autocratic systems.

Latest Events

  • Servier Faces Massive Financial Penalties in Mediator Scandal Logo
    DEC
    21
    2023

    Servier Pharmaceuticals has been ordered to pay over €415 million in compensation plus additional fines following its deceptive marketing of the appetite suppressant Mediator, which caused severe cardiovascular harm and hundreds of deaths.

  • -80

    Business Practices and Ethical Responsibility

    March 28

    Servier's handling of the Mediator scandal reflects a grave breach of ethical business practices. The company marketed a dangerous drug without adequately informing patients of the significant health risks, resulting in severe harm and loss of life. The court's decision to impose heavy fines and compensation underscores the magnitude of this unethical behavior.

    French drugmaker Servier ordered to pay $471m over Mediator scandal - RFI

  • French Court Finds Servier Guilty of Concealing Health Risks Logo
    DEC
    20
    2023

    A French court ruled that Servier concealed the harmful effects of its weight-loss pill Mediator, leading to convictions for fraud. The company was ordered to pay over 430 million euros in fines and additional penalties, following revelations that it knowingly marketed a dangerous drug that contributed to at least 500 deaths.

  • -90

    Business Practices and Ethical Responsibility

    March 28

    Servier's concealment of known health risks associated with its Mediator weight-loss pill, despite evidence linking it to numerous deaths, reflects gross negligence and unethical business practices. This decision by the court to impose heavy fines underscores the company's prioritization of profit over public safety, representing a significant negative impact on ethical corporate behavior.

    France: Court finds pharma firm Servier guilty of fraud for concealing health risks of its Mediator weight-loss pill, ordering the drugmaker to pay €430 million

  • Servier Ordered to Pay €415M Over Mediator Scandal Logo
    DEC
    20
    2023

    On December 20, 2023, a French appeals court ordered Servier Pharmaceuticals to pay over €415 million in damages following legal findings of aggravated fraud and involuntary manslaughter linked to the deadly Mediator drug, which was associated with hundreds of deaths.

  • -90

    Business Practices and Ethical Responsibility

    March 28

    The legal ruling against Servier for aggravated fraud and manslaughter underlines severe ethical failures in business practices, with the company prioritizing profit over patient safety. This event demonstrates profound negligence and a disregard for the human rights of patients, aligning with authoritarian and profit-driven business practices that harm vulnerable groups.

    Pharma firm Servier ordered to pay millions over deadly Mediator drug

  • Servier Ordered to Pay €415M Damages for Mediator Scandal Logo
    DEC
    20
    2023

    A French appeals court ruled on December 20, 2023, that Servier Pharmaceuticals must pay over €415 million in damages for its role in the Mediator scandal, where the diabetes drug was linked to hundreds of deaths amid findings of aggravated fraud and severe negligence.

  • -90

    Business Practices and Ethical Responsibility

    March 28

    The court’s decision against Servier for its involvement in the Mediator scandal underlines a profound failure in ethical business practices. The ruling, which condemned the company for aggravated fraud and negligence leading to hundreds of deaths, reflects a stark breach of corporate responsibility towards public health and safety.

Industries

325412
Pharmaceutical Preparation Manufacturing
325413
In-Vitro Diagnostic Substance Manufacturing
541714
Research and Development in Biotechnology (except Nanobiotechnology)