COVID Stimulus Watch Individual Entry
Recipient Company:
FRESENIUS KABI, LLC
Contract Amount:
$12,540,675
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: FMS)
Facility Street Address: 3 CORPORATE DR
Facility City: LAKE ZURICH
Facility State: IL
Facility Zip Code: 600478930
Facility Congressional District: IL-6
Facility NAICS Code: 325412 : Pharmaceutical Preparation Manufacturing
Award Details
Award Date: Jul 10, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: DRUGS AND BIOLOGICALS
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Fresenius
Headquartered in: Germany
Parent Sector: healthcare services
Parent Industry: healthcare services
Employees (prior to pandemic): 120,659
Accountability Issues Since 2010
Employment-related Penalties: $980,000
Government-contracting-related Penalties: $87,842,592
Environmental / Healthcare / Safety Penalties: $305,152,367
Consumer Protection / Financial / Competition-related Penalties: $235,215,273
CEO Compensation: $5,798,000
Total Federal, State, and Local Subsidies: $12,836,016
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