Wednesday, April 18, 2018
Shameful...*
Warner Chilcott has agreed to plead guilty to criminal charges. The company paid kickbacks to physicians to entice them to prescribe its drugs, manipulated insurance companies to pay, and made unsubstantiated claims about its drugs. It will pay a criminal fine of $125 million.
Several individuals, including a physician and former district managers, have also pleaded guilty or been charged in connection with the investigation. Former Warner Chilcott President W. Carl Reichel was also arrested on one count of conspiring to pay kickbacks to physicians.
The lawsuit alleged the company paid doctors speaking fees to induce them to prescribe the drugs, and promoted uses for drugs that weren’t approved by the U.S. Food and Drug Administration, which caused government health programs to pay for prescriptions that shouldn’t have been paid.
Add to it the failed attempt Tax Inversion between Pfizer and Allergan and you may see the Scope.
Bernie Sanders and Donald Trump promised to change the monopoly?
Just a thought.
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