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Old 12-20-2010, 04:44 PM #1
Bob Dawson Bob Dawson is offline
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Join Date: Dec 2008
Posts: 1,135
15 yr Member
Bob Dawson Bob Dawson is offline
Senior Member
 
Join Date: Dec 2008
Posts: 1,135
15 yr Member
Default "Report on fraud a bitter pill"

Report on fraud a bitter pill for Pfizer, GlaxoSmithKline

From Trading Markets.com
http://www.tradingmarkets.com/news/s...e-1377123.html

…”Pfizer, along with Glaxo, Eli Lilly & Co. and Schering-Plough, accounted for more than half of the $19.8 billion in fines imposed against pharmaceutical companies under the federal False Claims Act in the past two decades, the report said. Three-quarters of all these penalties have occurred in just the past five years,
…”Pfizer…, paid $2.3 billion in fines last year for illegal marketing of the pain medication Bextra and other drugs. The penalties included a $1.2 billion criminal fine, said to be the largest in U.S. history.
"Recent billion-dollar settlements with two of the largest pharmaceutical companies in the world, Eli Lilly and Pfizer, provide evidence of the enormous scale of this wrongdoing," an executive summary of the report said…”

HAT TIP to mystery man at New Merck Reviewed at: http://anewmerckreviewed.wordpress.c...ublic-citizen/
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