Joint Effort

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Archive for October 31st, 2008

Drug Company Frauds are Pervasive and Large

Over 180 pharmaceutical fraud cases, covering more than 500 drugs, are now under investigation by the U.S. Department of Justice under the False Claims Act. 

Settlement of just 16 drug manufacturing cases (all those resolved to date) has returned over $4 billion to the U.S. Government and the 50 states.

The below are health-care related postings  from 2008 on the TAF (Taxpayers Against Fraud) web-site.  I highly encourage you to see for yourself how these well known firms conduct business.   Should you place your trust in these firms to provide quality health-care products or services to your family?

  • Lilly Reserves $1.4 Billion for Off-Label Zyprexa Case
  • Uncle Sam vs. McKesson Corp
  • Cephalon Pays $425 Million
  • NY Hospital to pay $88 Million
  • Abbott Pays $28 Million to TX
  • Healthfirst to Pay NY $35 Million
  • CoxHealth To Pay $60 Million
  • Justice Probes Bile Stent Fraud companies such as Abbott Laboratories, Boston Scientific and Johnson & Johnson have been engaged in off-label marketing…
  • Amerigroup Settles for $225 Million
  • Ranbaxy Under Investigation
  • TX Joins Lawsuit Against Four Drug Companies
  • Walgreens Pays $35 Million
  • Medtronic/ Kyphon Settle for $75 Million
  • Biovail To Pay $25 Million
  • Baptist Health South to Pay $7.675 Million
  • McKesson to Pay $13.25 Million
  • CoxHealth Floats a Number
  • CVS Pays $37 Million For Drug Switching
  • $215 Million Alabama Jury Award Sends Message on Average Wholesale Price Fraud
  • Quest Reserves $241 Million

The Justice Department has announced that $2 billion has been recovered under the federal False Claims Act in Fiscal Year 2007, of which $1.45 billion came from whistleblower-filed cases.  The total amount returned to the U.S. Government under the False Claims Act since 1986 is well over $20 billion.  Department of Justice data is actually very conservative, as it does not include billions of dollars in civil recoveries returned to the states or criminal fines imposed as a direct consequence of False Claims Act filings and prosecutions. 

To learn more, go to: Taxpayers Against Fraud   LINK 


Written by jointefforthost

October 31, 2008 at 4:21 pm