Sunday, 30 September 2007

Bristol-Myers Squibb to pay $515 million for doctor kickback scheme

Bob Fiddaman's got a piece on Seroxat Sufferers, just now, which is taken from the Boston Globe. It concerns a settlement by Squibb over a civil action that dealt with a bunch of stuff, including promotion of off-label prescription of drugs to quacks:

In a statement posted on its website, the company said the settlement agreement will not affect the company's ongoing business with any customers, including the government.

"Bristol-Myers Squibb is pleased to have resolved these matters from the past and is proud of its commitment to conduct business with the highest standards of integrity in its mission to extend and enhance human life,'' the company said.

"From the past"? [Derisive laughter] Yeah, right. Guys, this activity forms part of your business plan, along with suppression of data, dodgy regulatory assessment of licence applications and conflicted academia writing positive stuff about your snake oil remedies. I'm going to have a read of Squibb's statement and I'll make comment, if I find something sufficiently amusing.


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