Re: GlaxoKline Fined $3bn for Healthcare Fraud : Information Clearing House

[Guest guest]

This was great news. Thanks for posting.

It would be even better news if they threw the responsible ones at the top

in jail. Bernie Madoff went to jail. GSK defrauded doctors and patients in

a worse way. The psychiatric/pharmaceutical cartel is allowed to literally

get away with murder.

GlaxoKline Fined $3bn for Healthcare Fraud :

Information Clearing House

This is how they avoid CRIMINAL charges...

http://www.informationclearinghouse.info/article31784.htm

GlaxoKline has agreed to plead guilty to misdemeanour criminal charges

and pay $3bn to settle what government officials describe as the largest

case of healthcare fraud in US history.

The agreement, which still needs court approval, would resolve allegations

that the British drug maker broke US laws in the marketing and development

of pharmaceuticals. The terms of the settlement were announced in November.

GSK targeted the antidepressant Paxil at patients under age 18 when it was

approved only for adults, and promoted the drug Wellbutrin for uses it was

not approved for, including weight loss and treatment of sexual dysfunction,

according to a US justice department investigation.

The company went to extreme lengths to promote the drugs, such as

distributing a misleading medical journal article and providing doctors with

meals and spa treatments that amounted to illegal kickbacks, prosecutors

said.

" The sales force bribed physicians to prescribe GSK products using every

imaginable form of high-priced entertainment, from Hawaiian vacations [and]

paying doctors millions of dollars to go on speaking tours, to tickets to

Madonna concerts, " said US attorney Carmin Ortiz.

In a third case, GSK failed to give the US Food and Drug Administration

safety data about its diabetes drug Avandia, in violation of US law,

prosecutors said.

The misconduct began in the late 1990s and continued, in the case of

Avandia's safety data, through to 2007. GSK agreed to plead guilty to three

misdemeanour criminal counts, one each related to the three drugs.

Guilty pleas in cases of alleged corporate misconduct are exceedingly rare,

making GSK's agreement especially unusual.

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