Wednesday, September 02, 2009

BIG PHARMA FAILS US AGAIN

There really is a pattern of misconduct in this industry.
Pfizer Pays $2.3 Billion to Settle Marketing Case
By GARDINER HARRIS
Published: September 2, 2009
NY Times

WASHINGTON — Top aides in the Obama administration announced a $2.3 billion settlement on Wednesday with the pharmaceutical giant Pfizer Inc. over the company’s illegal promotion of its now-withdrawn painkiller, Bextra.

Wingers sometimes complain about the fraud and waste in Medicare and Medicaid but neglgect to mention that the private sector is most often the culprit:
It is the largest fine ever levied for fraud in the Medicare and Medicaid programs, and Obama administration officials — criticized by Republicans on Capitol Hill for failing to crack down on fraud in the government’s health programs — sought to highlight the case by having Kathleen Sebelius, secretary of health and human services, make the announcement. The agreement also includes some promotional practices involving other Pfizer drugs — Zyvox, Geodon and Lyrica.

(h/t Atrios)

1 comment:

albruno said...

no way that can't be possible that's terrible