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Title : Infuriating Report Shows How Govt & Big Pharma Intentionally Break Laws to Reap Massive Profit
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Infuriating Report Shows How Govt & Big Pharma Intentionally Break Laws to Reap Massive Profit

The "Law Affordable Care" now fully in place, the middle class is feeling the pressure once more through higher insurance costs make quality health care unaffordable for many .

by Justin Gardner

In addition, the prices of pharmaceutical drugs continue to rise, especially anticancer drugs, which they have soared.

since 2000, the average monthly cost of oral cancer drugs went from $ 1,869 per month to $ 11,325 per month . Some of these drugs can extend the life of a cancer patient, but can drain your life savings.


As we know, pharmaceutical corporations are the key players in power in Washington, teaming with government to squash competition through patent monopolies and wool to the public.

United States is one of only two countries where it is permitted "direct to consumer" advertising of drugs, and the effects are the soup on American television.

However, large pharmaceutical companies is not even happy with what you have. According to a Public Citizen report , pharmaceutical companies routinely violate the law through deception and fraud.

The resulting financial sanctions, rather than being a deterrent, are "just a cost of doing business."

Most of the illegal activity is conducted through the illegal promotion of drugs and health insurance programs of overcharging government. These schemes, enabled by regulators never put anyone in jail, actually become profitable activities

The research is titled Twenty-five of the pharmaceutical industry and civil penalties :. 1991 to 2015.

"From 1991 to 2015, a total of 373 settlements between federal and state governments and pharmaceutical manufacturers was reached, for a total of $ 35.7 billion. Of these, 140 were federal settlements, for $ 31.9 million, and 233 were state settlements, for $ 3.8 billion. "

GlaxoSmithKline and Pfizer were the worst offenders, paying a combined total of almost $ 12 billion. These numbers may seem large, but they are small compared to the benefits.

"Economic sanctions continued pale in comparison to the profits of the company, with $ 35.7 million in fines from 1991 to 2015 amounting to only 5% of the $ 711 billion net gains realized on the 11 largest global companies of medicines for only 10 of those 25 years (2003-2012). "

Having to pay only five percent of the benefits of following a profitable company seems like a deal pretty sweet. They misleading the public through illegal and defrauding government advertising programs are safe bets for what revenues for pharmaceutical giants.

Valeant Pharmaceuticals has been in the news lately by its business strategy disreputable marked by accounting tactics shadow, buying competitors and sharply rising drug prices.

The company faces a number of federal and state investigations, including several questionable marketing of drugs.

should have nothing to fear, however, as financial sanctions will be a small cost of doing business.

Valeant exemplifies the racket has been going on for years between large pharmaceutical companies and the government. As pharmaceutical companies rake in profits, particularly through the use of deception and fraud, which make payments to the government in the form of "sanctions".

Government proudly says that is holding pharmaceutical companies responsible, but nobody is going to jail and companies continue deceiving and defrauding.

" To our knowledge , a parent company has never been excluded from participation in Medicare and Medicaid for illegal activities that endanger public health and deplete programs funded by taxpayers. Nor has almost any senior executive has given a jail sentence for leading companies engaged in these illegal activities. "

the report found a trend of data that seems to be promising. The number and size of settlements decreased in 2014 and 2015, but the authors note that it can not represent a long-term trend. .

" explores the report several possible reasons for this drop in settlement activity Chances are declining federal application, a change in the approach to federal processes away from the off-label marketing and to other forms of illegal activity, as referred to (PDF), US Department of Justice in 2012, changes in state strategies Medicaid drug reimbursement; and changes in strategies marketing industry.

"I still do not know why there were fewer and smaller settlements in the period from 2014 to 2015," said Dr. Sammy Almashat, researcher at the Research Group Health public Citizen and lead author of the report.

"But we do know that in addition to the rarity of executive responsibility, previous penalties have not been large enough to deter most common types of pharmaceutical fraud.

"Therefore, it would be surprising that the industry suddenly decided, of their own volition, to comply with laws that has systematically violated for decades."

The US It has a long tradition of propping robber barons to help lead the corporatocracy. Pharmaceutical companies - along with the military-industrial complex, fossil fuel companies, biotechnology companies like Monsanto, and others - are now essentially part of the government.

The scheme outlined in the report of Public Citizen is just one example of how corporations and government are involved in a racket to take advantage of public opinion.

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