7/6/2015 GlaxoSmithKline Plc, the biggest of the Big Pharma in the U.K., is trying to break its habit of buying doctors in the wake of a $3B settlement over its sales and marketing practices. Yet despite its sincere efforts, the company still paid U.S. doctors around $15M to learn about and promote its drugs in
Drugs & Medical Devices
7/2/2015 In what may be the largest whistleblower lawsuit ever, the Justice Department, along with 11 states, are accusing Swiss pharmaceutical titan, Novartis, of running a massive kickback scheme through the U.S. Medicare and Medicaid programs. Specifically, the U.S. is accusing the drugmaker of referring patients to a handful of specialty pharmacies who sent in
7/1/2015 In a press release on Monday, Massachusetts-based medical device manufacturer, Abiomed, notified the public that the U.S. Department of Justice has dropped its investigation of the company’s Impella 2.5 heart pump. In the press release, Company CEO, Michael Minogue said, “We are pleased that the Department of Justice has chosen to close its investigation
6/24/2015 Two reports released on Tuesday highlight the persistence of Medicare fraud, especially involving the Part D prescription drug program. The reports follow the largest Healthcare Fraud takedown in history last week, as officials charged 46 doctors and pharmacy owners, as well as nearly 200 others for Medicare fraud. This includes the arrest of 44
6/18/2015 The House of Representatives will vote Thursday to repeal two controversial provisions to the Affordable Care Act (ACA), better known as Obamacare. Amidst a considerable degree of bipartisan support, Ways and Means Committee chairman, Paul Ryan (R-WI) successfully advanced measures to a vote earlier this month to cut the unpopular 2.3 percent tax on
6/18/2015 Georgia residents Mary and Collin S filed another Lipitor suit claiming type-2 diabetes side effect. Their suit was added to the national Lipitor type-2 diabetes multidistrict litigation (aka, Lipitor MDL). Their claim, like so many others’, is that Mary, age 68, developed type-2 diabetes as a result of taking Pfizer’s Lipitor high cholesterol drug.
6/17/2015 What do a racecar driver, a comedian and a professional golfer have in common? They’re taking Xarelto, or playing Russian roulette, as I like to call it. A new Xarelto suit claims side effects cause serious injuries. Janssen Research & Development has been sued in federal court for failing to warn of the risks.
6/15/2015 A New Yorker named Todd P (another instance of locker room embarrassment) filed suit against Merck & Co. this May after he used Propecia (finasteride) to cure his male pattern baldness and developed erectile dysfunction (ED). There’s a marketing slogan if ever I’ve heard one: Propecia – You too can be hairy but impotent.
6/15/2015 Despite the fact that Pfizer’s own say there’s a causal link between Zoloft and birth defects, Pfizer won the Philadelphia case in which the previously hidden documents were revealed. The jury came back with its verdict in the case of Rachel Robinson saying that the Big Pharma mega-corp has no responsibility for her 8-year
6/11/2015 Billy Rios, a security expert conducting research on medical devices manufactured by Hospira, found deadly serious security flaws in drug delivery pumps. In short: hacked medical pumps could kill you. Currently, there are hundreds of thousands of Hospira pumps in hospitals throughout the U.S. I wrote a piece last month regarding an FDA