Friday, September 28, 2012

BIG PHARMA IS STILL HURTING US...

(h/t Bernie Sanders)

I've noted before that Big Pharma often puts profits above health care and that pattern of behavior is still with us:
Glaxo Case Pushes U.S. Health Settlements to $6.6 Billion
By Alex Wayne - Sep 27, 2012 11:20 AM MT
Bloomberg News

GlaxoSmithKline Plc (GSK), Johnson & Johnson (JNJ) and other drugmakers have paid $6.6 billion this year to settle claims of defrauding U.S. health programs, more than double the amount of 2011, advocacy group Public Citizen said.

Fines and penalties rose from $2.5 billion in 2011, aided by a record $3 billion settlement by Glaxo in July, Washington- based Public Citizen said in a report today. Common frauds include overcharging government programs such as Medicare and pushing doctors to prescribe drugs for unapproved uses.

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