11/17/2016 10:43 EST | Updated 11/17/2016 10:45 EST

Ex-Valeant Pharmaceuticals Exec, Philidor Rx Services CEO, Charged In Alleged Kickback Scheme

NEW YORK — U.S. prosecutors are charging a former executive with Quebec-based Valeant Pharmaceuticals and the former CEO of Philidor Rx Services, alleging they were involved in a multimillion-dollar fraud and kickback scheme.

The U.S. Attorney's Office for the Southern District of New York says it will hold a news conference later today to announce charges against Gary Tanner, a former executive at Valeant Pharmaceuticals International Inc. (TSX:VRX), and Andrew Davenport, the former CEO of Philidor Rx Services.

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