Since May 2004, Pfizer, Eli Lilly, Bristol-Myers Squibb and four other drug companies have paid a total of $7 billion in fines and penalties.
Six of the companies admitted in court that they marketed medicines for unapproved uses. In September 2007, New York-based Bristol-Myers paid $515 million -- without admitting or denying wrongdoing -- to federal and state governments in a civil lawsuit brought by the Justice Department.
The six other companies pleaded guilty in criminal cases.
Much more at WaPo
1 comment:
A focus on class selling has been embraced. Pharma Rep: New drug in a class..."Doctor we are currently doing studies on ______ .But as you know Drug A did not have the indication at first either...after all this is once a day and lower cost!" (Just sell the drug...physician beware!)
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