Monday, June 23, 2014

Another Big Pharma Scam First a one minute commercial then the multi-billion dollar falllout

The story of a scam




Here's how this scam works. Big Pharma comes up with a drug, gets approval for it for limited purposes and then does "back channel" marketing where they claim to doctors it's good for all sorts of other things. The doctors get paid off for prescribing as much as possible until the harm becomes too obvious even for the FDA to ignore. Then they pay a fine relatively small to their profits and move on. However, this time it appears the Big Pharma player committed Medicare fraud too.


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