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Amgen raid.


Amgen Raid: Prosecutors and police raided some of Amgen Inc.'s offices in Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km).  and the Netherlands Netherlands (nĕth`ərləndz), Du. Nederland or Koninkrijk der Nederlanden, officially Kingdom of the Netherlands, constitutional monarchy (2005 est. pop. 16,407,000), 15,963 sq mi (41,344 sq km), NW Europe.  last month in an investigation of alleged illegal payments the company made to a German physician, the company disclosed in a Securities and Exchange Commission filing. The raids were conducted at offices in Munich and Breda, the Netherlands. The search warrant issued by a Munich court "alleges improper
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 payments by our German affiliate to a single hospital physician in Germany in 2001." Shares of Thousand Oak-based Amgen, which started the week at $68.79, were trading below $67 in after hours Adv. 1. after hours - not during regular hours; "he often worked after hours"  trading on Aug. 10.
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Title Annotation:News of the Week
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Aug 14, 2006
Words:102
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