We don't run our country; And neither does our government!

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We don't run our country; And neither does our government!

Post by Sam on 2/4/2010, 11:44 pm

http://www.cnn.com/2010/HEALTH/04/02/pfizer.bextra/index.html?hpt=T2

Imagine being charged with a crime, but an imaginary friend takes the rap for you.

That is essentially what happened when Pfizer, the world’s largest pharmaceutical company, was caught illegally marketing Bextra, a painkiller that was taken off the market in 2005 because of safety concerns.

When the criminal case was announced last fall, federal officials touted their prosecution as a model for tough, effective enforcement. “It sends a clear message” to the pharmaceutical industry, said Kevin Perkins, assistant director of the FBI’s Criminal Investigative Division.

But beyond the fanfare, a CNN Special Investigation found another story, one that officials downplayed when they declared victory. It’s a story about the power major pharmaceutical companies have even when they break the laws intended to protect patients.

Internal company documents show that Pfizer and Pharmacia (which Pfizer later bought) used a multimillion-dollar medical education budget to pay hundreds of doctors as speakers and consultants to tout Bextra.

But when it came to prosecuting Pfizer for its fraudulent marketing, the pharmaceutical giant had a trump card: Just as the giant banks on Wall Street were deemed too big to fail, Pfizer was considered too big to nail.

Why? Because any company convicted of a major health care fraud is automatically excluded from Medicare and Medicaid. Convicting Pfizer on Bextra would prevent the company from billing federal health programs for any of its products. It would be a corporate death sentence.



What Surprises me most of all is that CNN actually reported this. affraid Probably only because Pfizer is already safe.


Last edited by Sam on 2/4/2010, 11:45 pm; edited 1 time in total (Reason for editing : link change)

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Re: We don't run our country; And neither does our government!

Post by Kyle N. on 3/4/2010, 10:39 pm

I was reading that too, pretty messed up legally.
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Re: We don't run our country; And neither does our government!

Post by Sam on 4/4/2010, 3:50 am

Yeah, we're so totally fucked.

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Re: We don't run our country; And neither does our government!

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