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Insider Trading By Ex-FDA Official Puts Spotlight On Current Agency Practices

 
• By Brenda Sandburg

After Office of Generic Drugs Deputy Director Gordon Johnston left FDA, he joined GPhA and 'tricked' a former colleague into sharing info on generic Lovenox on behalf of a hedge fund he was secretly working for, SEC says.

Gordon Johnston was at FDA during the generic drug scandal of the late 1980's and early '90's and helped the Office of Generic Drugs implement reforms, so it is ironic that two decades later he is at the center of another scandal.

Johnston, former deputy director of OGD, pled guilty to securities fraud and wire fraud relating to insider trading of information...

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