KV Pharmaceutical http://news.stlpublicradio.org en KV Emerges From Bankruptcy http://news.stlpublicradio.org/post/kv-emerges-bankruptcy <p>KV Pharmaceutical Company announced Monday that its reorganization plan is in effect, and it has emerged from bankruptcy.</p><p><span style="line-height: 1.5;">Based in </span>Bridgeton<span style="line-height: 1.5;">, the company filed for bankruptcy Aug. 4, 2012.</span></p><p><span style="line-height: 1.5;">KV is primarily focused on women’s healthcare, but the company has had struggles in recent years.</span></p> Mon, 16 Sep 2013 21:34:25 +0000 Maria Altman 29953 at http://news.stlpublicradio.org KV Emerges From Bankruptcy Former KV Pharmaceutical CEO pleads guilty to misbranding drugs http://news.stlpublicradio.org/post/former-kv-pharmaceutical-ceo-pleads-guilty-misbranding-drugs <p>The former chairman and CEO of St. Louis-based <a href="http://www.kvpharmaceutical.com/">KV Pharmaceutical Co.</a> has pleaded guilty to two federal charges of misbranding drugs.</p><p>The U.S. Attorney&#39;s office says that 69-year-old Marc S. Hermelin entered the pleas Thursday. He was sentenced to one month in prison and a $1 million fine and agreed to forfeit $900,000 to the federal government.</p><p>KV Pharmaceutical manufactured generic prescription drugs, including a pain relief and opiate drug called morphine sulfate.</p> Thu, 10 Mar 2011 22:28:32 +0000 The Associated Press 701 at http://news.stlpublicradio.org Former KV Pharmaceutical CEO pleads guilty to misbranding drugs