Posts tagged fraud

• Let's Stop Coddling Big Pharma Fraud

  Camryn Hansen | May 27, 2012 5:00 AM | 2 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  For America’s pharmaceutical companies, committing fraud has become an established way of life. Practices like off-label marketing and price inflation are not only rampant, they bring...

• GlaxoSmithKline to Pay $750 Million for Felony Fraud

  Mike Ferrara | November 06, 2010 4:40 PM | 1 CommentCherry Hill, NJ Category: FDA & Prescription Drugs
  

  Drug giant GlaxoSmithKline is pleading guilty to criminal felony charges in an American investigation into its manufacturing practices at a Puerto Rico plant, and will pay $750 million in...

• Merck is Jerking Investors Around in Securities Fraud Case

  Mike Ferrara | November 30, 2009 9:20 PM | 0 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  Today, lawyers for drug giant Merck, infamous maker of the blockbuster painkiller Vioxx, delivered oral arguments to the Supreme Court saying that their shareholders had waited too long...

• Army Surgeon Fabricated Data & Forged Doctors’ Signatures for Medtronic

  Camryn Hansen | June 06, 2009 10:32 PM | 0 CommentsCherry Hill, NJ Category: Medical Devices & Implants
  

  Today, The New York Times reported that a former Army orthopedic surgeon at Walter Reed Army Medical Center has been accused of both fabricating study data and forging the names of colleagues on a...

• Wyeth Defrauded Federal Government of Hundreds of Millions - Lawsuits Underway

  Mike Ferrara | May 18, 2009 10:19 PM | 0 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  Sixteen states and the Justice Department are now backing two lawsuits alleging that the drug giant Wyeth, maker of the anti-migraine drug Phenergan known to cause gangrene when improperly...

• Contractor Sentenced to 5 Years for Defrauding Fed Govt after 9/11 Attacks

  Mike Ferrara | April 19, 2009 9:14 PM | 0 CommentsCherry Hill, NJ Category: Miscellaneous
  

  On Friday, a former contractor was sentenced to 63 months in prison for defrauding the federal government in his reconstruction of the Pentagon after the September 11, 2001 terrorist...

• The Fake Clinical Trials of Dr. Scott Reuben

  Mike Ferrara | March 17, 2009 8:59 PM | 2 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  By now, we’ve all heard something or other about Dr. Scott Reuben, the well respected and highly influential clinical researcher who, as it turns out, fabricated the data used in a full...

• AIG = Abetting Irresponsible Gamblers. $165 Million in Bonuses to Execs Who Caused This Mess.

  Camryn Hansen | March 17, 2009 12:23 PM | 0 CommentsCherry Hill, NJ Category: Miscellaneous
  

  So how we should be feeling about AIG’s decision to pay out more than $165 million in employee bonuses and perks, some to the very employees who designed the risky credit schemes that...

• Forest Labs Accused of Fraud for Off-Label Marketing of Celexa, Lexapro to Kids

  Camryn Hansen | March 02, 2009 4:37 PM | 0 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  The United States attorney’s office in Boston has filed a civil complaint against drug maker Forest Laboratories for the off-label marketing of antidepressants Celexa and Lexapro to children...

• Novartis to Pay $78 Million for Medicaid Fraud

  Mike Ferrara | February 25, 2009 11:08 PM | 0 CommentsCherry Hill, NJ Category: FDA & Prescription Drugs
  

  An Alabama jury ruled this week that drug giant Novartis will have to pay over $78 million in damages for overcharging the state’s Medicaid health program for generic drugs. Finding that...