10 Jul 2012

Big Pharma: Runaway Criminality and Fraud

It what is now the largest criminal fraud settlement ever to come out of the pharmaceutical industry, GlaxoSmithKline has pleaded guilty and agreed to pay $1 billion in criminal fines and $2 billion in civil fines following a nine-year federal investigation into its activities. According to U.S. federal investigators, GlaxoSmithKline (http://www.naturalnews.com/036416_GlaxoSmithKline_fraud_criminal_char...):

• Routinely bribed doctors with luxury vacations and paid speaking gigs
• Fabricated drug safety data and lied to the FDA
• Defrauded Medicare and Medicaid out of billions
• Deceived regulators about the effectiveness of its drugs
• Relied on its deceptive practices to earn billions of dollars selling potentially dangerous drugs to unsuspecting consumers and medical patients


And this is just the part they got caught doing. GSK doesn't even deny any of this. The company simply paid the $3 billion fine, apologized to its customers, and continued conducting business as usual.

By the way, in addition to bribing physicians, GSK has plenty of money to spread around bribing celebrities and others who pimps its products. The company reportedly paid $275,000 to the celebrity doctor known as "Dr. Drew," who promoted Glaxo's mind-altering antidepressant drug Wellbutrin (http://naturalsociety.com/top-radio-doctor-paid-by-glaxosmithkline-to...).
Learn more: http://www.naturalnews.com/036417_Glaxo_Merck_fraud.html#ixzz20Cm6CgUa


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