Posts Tagged ‘ Pfizer ’

In the Pharma World, Begging for Forgiveness is Much More Profitable

September 5th, 2009. By Hunter West

Just when, did the medical community begin serving the pharmaceutical industry—instead of the other way around? 

The recent fine levied against Pfizer for various marketing sins involving a handful of prescription drugs may well be the largest ($2.3 billion), and most comprehensive (Pfizer was required to sign an agreement of conduct that has been described as being the most stringent in history)—but it is by no means the first such case. Pharmaceutical companies have for years been bending the rules and circumventing regulations by promoting drugs off label (that’s illegal), and other unsavory activities, all in the quest for the mighty greenback. 

Doctors have been lavished with gifts in exchange for prescribing someone’s drug. They accept ‘consulting fees’ from pharmaceuticals in exchange for lecturing, in their own words mind you, on the benefits of a particular drug. It’s all perfectly legal, but it shouldn’t be. 

And that’s one of the many wrongs percolating in a health care system that’s severely broken and in need of overhaul. Read the rest of this entry »

Tags: Big Pharma, Pfizer
Posted in Drugs/Medical | No Comments »

NAMI – Drug Money Laundering is Illegal

April 18th, 2009. By Evelyn Pringle

The National Alliance for Mental Illness is the latest member of the psycho-pharmaceutical cartel whose Big Pharma money trail is under investigation by the US Senate Finance Committee, with Iowa’s Republican Senator Chuck Grassley leading the charge. Read the rest of this entry »

Tags: Chantix, Cymbalta, Lilly, MHA, NAMI, Pfizer, Viagra, Zoloft, Zyprexa
Posted in Emerging Issues | 22 Comments »