We have a big problem with big drug companies intentionally misleading the public about what certain drugs can be used for and failing to disclose important safety information. When this happens (and it happens way too often), these large drug companies and corporations need to be held accountable for their fraud.
On July 2, 2012, GlaxoSmith-Klinie LLC plead guilty to criminal-civil charges and agreed to pay the $3 billion dollar fine for promoting two popular drugs for (1) unapproved uses and (2) failing to disclose important known safety information on a third drug.
In the related civil lawsuit, the company was charged with using improper marketing techniques (see the short video below) and providing doctors with expensive resort vacations, European hunting trips, highly-paid speaking tours and tickets to a Madona concert.
The $3 billion dollar criminal-civil fine is the largest penalty ever for a drug company.
GlaxoSmithKline CEO is quoted as saying that the company has learned “from the mistakes that were made.”
We invite you to watch the video…