Brief: Envigo Reaches Agreement With U.S. Department Of Justice And U.S. Department Of Agriculture To Resolve Complaints

Inotiv

18/07/2022 14:25

July 18 (Reuters) - Inotiv Inc  NOTV.O :
    * ENVIGO REACHES AGREEMENT WITH U.S. DEPARTMENT OF JUSTICE
AND
U.S. DEPARTMENT OF AGRICULTURE TO RESOLVE CIVIL AND
ADMINISTRATIVE COMPLAINTS
    * INOTIV INC - ENVIGO ENTERED  SETTLEMENT WITH U.S. DOJ AND
U.S.
DEPARTMENT OF AGRICULTURE TO RESOLVE INVESTIGATION INTO CO'S
CUMBERLAND FACILITY
    * INOTIV INC - SETTLEMENT DOES NOT REQUIRE THAT ENVIGO PAY
ANY
FINES OR PENALTIES TO GOVERNMENTAL AGENCIES
    * INOTIV INC - EXPECTS THAT IT WILL TAKE ABOUT 60 DAYS TO
CLOSE
ENVIGO'S CUMBERLAND FACILITY
    * INOTIV INC - RESOLUTION INCORPORATES TRANSFER PLAN THAT
WAS
MUTUALLY AGREED TO BY DOJ AND ENVIGO ON JULY 1

Source text for Eikon:  ID:nGNXbrgjM6 
Further company coverage:  NOTV.O