Saturday, May 10, 2014

Illegal Drug Company Gallant Pharma nd Co-Founder Sentenced

Illegal Drug Company Gallant Pharma and Co-Founder Sentenced
MAY 09 (ALEXANDRIA, Va.) – Gallant Pharma International Inc. (Gallant Pharma), an unlicensed wholesale drug distributor headquartered in Arlington, Virginia, that distributed more than 17,000 units of non-FDA approved cancer and cosmetic drugs to doctors across the United States, was sentenced today to pay $3.4 million in forfeiture and restitution.  On Dec. 2, 2013, Gallant Pharma pleaded guilty to two counts of illegal importation, five counts of introducing misbranded drugs and five counts of unlicensed prescription drug wholesaling.
Syed “Farhan” Huda, 39, formerly of Arlington, Virginia, co-founder and co-owner of Gallant Pharma, was sentenced today to 36 months in prison, followed by two years of supervised release.  Huda also was ordered to pay $3.4 million in forfeiture and restitution to victims.  On Dec. 2, 2013, Huda pleaded guilty to illegal importation, introducing misbranded drugs, unlicensed medical wholesaling and wire fraud.

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