Wednesday, September 2, 2009

Pfizer Follow-up: Record Fines over Illegal Promotions

Well over a year and a half ago, Christine reported that drug giant Pfizer was in some trouble for using an unlicensed M.D. to promote their drug Lipitor. Now, as this article on Yahoo! describes, Pfizer has been fined $2.3 billion in civil and criminal penalties for illegal promotions.

According to the article, "Pfizer invited doctors to consultant meetings at resort locations, paying their expenses and providing perks."

"FBI Assistant Director Kevin Perkins praised the whistleblowers who decided to 'speak out against a corporate giant that was blatantly violating the law and misleading the public through false marketing claims.' "

While not related to the incident in Christine's original post, it seems this kind of thing has been a problem for Pfizer for some time.

"Authorities called Pfizer a repeat offender, noting it is the fourth such settlement of government charges in the last decade. They said the government will monitor the company's conduct for the next five years to rein in the abuses."


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