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Friday, December 17, 2010

Drug Industry on a High

Study: Pharmaceutical Drug Companies Top Military Industry in Defrauding U.S. Gov't: "A new study by the watchdog group Public Citizen has found that the drug industry has become the biggest defrauder of the federal government, surpassing the defense industry. Public Citizen found that the drug industry paid out nearly $20 billion in penalties over the past two decades for violations of the False Claims Act. More than half of the industry’s fines were paid by just four companies: GlaxoSmithKline, Pfizer, Eli Lilly and Schering-Plough."

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