The former chairman and CEO of St. Louis-based KV Pharmaceutical Co. has pleaded guilty to two federal charges of misbranding drugs.
The U.S. Attorney'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.
KV Pharmaceutical manufactured generic prescription drugs, including a pain relief and opiate drug called morphine sulfate.
Mo. Gov. Jay Nixon looks at some of the traditional dry-cured Italian meats, hanging in Volpi Foods, during a tour in St. Louis on March 3, 2011.Nixon used the setting to announced that Missouri exports grew 35 percent in 2010.
Peabody Energy CEO Gregory Boyce announces that the energy giant will remain in downtown St. Louis for at least another 15 years, during a press conference in St. Louis on March 2, 2011. (UPI/Bill Greenblatt)