Tuesday, December 10, 2013

The agreement, which still needs court approval, food service rewards would be to settle charges th


The company promoters was to extremes to promote sales of their drugs, as the distribution of a medical food service rewards article misleading newspaper and providing meals and spa treatments to physicians who amounted to illegal kickbacks, said. In a third instance, GSK failed to provide safety data on its "remedy" for Avandia diabetes the U.S. Food and Drug Administration-FDA supervision food service rewards of the U.S. Food and Drugs, in a direct violation of U.S. law enforcement agency, said promoters.
The GlaxoSmithKline Plc agreed to plead guilty to charges of misdemeanor food service rewards (fraud) and pay $ 3 billion to settle what government officials on Monday described as the largest case of fraud in healthcare in U.S. history.
The agreement, which still needs court approval, food service rewards would be to settle charges that the British pharmaceutical giant broke U.S. laws in the marketing and development of pharmaceutical / drug products. The antidepressant Paxil, GSK's target for patients under 18, when it was approved only for adults, and pushed the drug Wellbutrin for uses that had not been approved, including treatment for weight loss and sexual dysfunction, food service rewards according to a survey conducted by the U.S. Department of Justice.
The company promoters was to extremes to promote sales of their drugs, as the distribution of a medical article food service rewards misleading food service rewards newspaper and providing meals and spa treatments to physicians who amounted to illegal kickbacks, said. In a third instance, GSK failed to provide safety data on its "remedy" for Avandia food service rewards diabetes the U.S. Food and Drug Administration-FDA supervision of the U.S. Food and Drugs, in a direct violation of U.S. law enforcement agency, said promoters. food service rewards
The misconduct of GSK continued for years, food service rewards beginning in the 1990s and continued in the case of Avandia's safety data, until 2007. GSK agreed to plead guilty to three misdemeanor charges, each related to the three drugs. Guilty pleas in cases of alleged corporate misconduct are extremely rare, making the agreement GSK especially unusual.
The agreement to settle the charges "is unprecedented in size and scope," said James Cole, the No. 2 official at the U.S. Department of Justice. He called the action "historic" and "a clear warning to any company that chooses to break the law. "The agreement food service rewards includes $ 1 billion in fines and $ 2 billion in civil fines. The giant pharmaceutical company GSK said in a statement it will pay the fines through food service rewards existing cash resources. The company GlaxoSmithKline Plc announced a loss of $ 3 billion in November concerning legal claims food service rewards [ID: nL5E7M315A].
GSK CEO Andrew Witty said the misconduct food service rewards originated "a different era for the company" and will no longer be tolerated. "I want to express our regret and reiterate that we have learned from the mistakes food service rewards that were made," he said in a written statement. food service rewards The liquidation of GSK surpasses what had been the biggest criminal case involving a pharmaceutical company in U.S. history. In 2009, Pfizer Inc has agreed to pay $ 2.3 billion to settle charges it improperly marketed 13 "medicines" (!!).
The cases follow a trend of U.S. authorities crack down on the way medications are sold, in part because of the rising cost of providing drugs through government programs. Part of civil fines meets allegations that, from 1994 to 2003, GSK charged underpaid money owed to Medicaid, the health program of the U.S. government to serve the poor jointly by the states and federal government.
The company was required to give the government their "best prices", but failed to do so, prosecutors said, and $ 300 million of his deal will be allocated food service rewards to reimburse states and other public food service rewards health food service rewards authorities. A part of the $ 2 billion in civil fines may go to a group of informants who contributed to the government's investigation and who are eligible to participate in the recovery under the False Claims Act Law Cole said the amount has not been determined.
As part of the agreement, GlaxoSmithKline agreed to new restrictions by the U.S. government to prevent the use of payment of premiums or other prohibited practices to physicians. The inspector general of the U.S. Department of Health and Human Services will oversee the "Corporate Integrity Agreement" for five years. The company will not be able to compensate your salespeople based on sales goals for territory. Was also forced to change food service rewards its compensation program for executives

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