Tag Archives: Pharmaceutical industry

NaturalNews – D. Holt – GlaxoSmithKline Admits To Criminal Pharma Fraud In 3 Billion Dollar Case – 5 July 2012

(NaturalNews) British registered company, GlaxoSmithKline, faces $3 billion in penalties after pleading guilty to the biggest health care fraud case in history. GSK admitted that physicians had been bribed to push potentially dangerous drugs in exchange for Madonna tickets, Hawaiian holidays, cash and lucrative speaking tours. They also admitted distributing misleading information regarding the antidepressant Paxil. The report claimed that it was suitable for children, but failed to acknowledge data from studies proving its ineffectiveness in children and adolescents. Continue reading

Common Dreams – Token Fine For GlaxoSmithKline Won’t Stop BigPharma’s Bad Behavior : Watchdog – 4 July 2012

paxil Common Dreams staff

Pharmaceutical mammoth GlaxoSmithKline (GSK) has been ordered to pay $3 billion fine in what is described as the largest case of healthcare fraud in U.S. history. But critics say it is just as a slap on the wrist as the amount “pales in comparison” to the profits pharmaceutical companies earn and does nothing to preclude such further behavior from big pharma. Continue reading