Johnson and Johnson Again Leads Big Pharma in 2014 Revenues

J&J, who has seemingly survived the DePuy wars and is now facing down 22,000 vaginal mesh suits after losing mesh verdicts for its Ethicon product again leads the way in profits for Big Pharma in 2014, according to Tracy Staton writing in Fierce Pharma. Click here to read the full article: The Top 15 Pharma Companies [...]

March 30th, 2015|Drug and Medical Device Litigation|0 Comments

Big PHARMA Spends $4.58 Billion in Direct to Consumer Ads in 2014

Whenever you watch the news, or a sporting event, does it ever seem like there are a lot of ads for drugs? For that special moment there are Cialis and Viagra and a host of other things that nice looking people suffering various maladies suddenly get better in a 30 to 60 second span while [...]

March 27th, 2015|Drug and Medical Device Litigation|0 Comments

Teva Agrees to Pay $27.6 Million to Resolve Clozapine Doctor Kickback Allegations

TEVA (Teva Pharmaceutical Industries Limited) has agreed to pay the State of Illinois and the U.S. Department of Justice $27.6 Million for violating the U.S. False Claims Act.  Units of Teva Pharmaceutical violated the Act by eliciting Dr. Michael Reinstein, an Illinois physician, to prescribe Clozapine, an anti-schizophrenia drug, to patients in federal programs such [...]

March 14th, 2014|Drug and Medical Device Litigation|0 Comments

Big Pharma Fined $3.75 Billion in Fraud Penalties in Fiscal 2013

According to the U.S. Departments of Justice and Health and Human Services, these departments recovered $4.3 billion in criminal and civil fines in the 2013 fiscal year, which ended in September 2013.  This is a $100 million increase from the 2012 fiscal year.  The five-year total in fines has now reached $19.2 billion.  Pharma drugmakers [...]

March 3rd, 2014|Drug and Medical Device Litigation|0 Comments

Big Pharma: Is Paying Big Fines More Profitable than Telling Doctors and Consumers the Truth in Marketing?

This week, Johnson & Johnson etched its name in the history books of another big pharma company that has been fined over billions of dollars due to a drug manufacturer practices of improper marketing and failure to warn.  Johnson & Johnson pled guilty to claims stemming from allegations that the giant pharmaceutical company knowingly marketed [...]

Why Are Drugs More Expensive in U.S. than in Other Countries?

Across America and throughout the world people with the same condition take the same drugs.  However, the prices vary greatly.  Take asthma, which affects 40 million Americans and countless millions throughout the world and is estimated by the Center for Disease Control and prevention to cost Americans $56 billion annually. One of the leading asthma [...]

October 14th, 2013|Drug and Medical Device Litigation, General Interest|0 Comments

Are Too Many Doctors Simply Sales People for Big Pharma?

Big Pharma paid doctors more than $1 billion in 2012 to act in various spokesperson capacities, for travel and meals, as well as research and royalties, which is significantly more than reported in 2011.  According to a new data reported in the Financial Times, that figure only includes the 12 leading drug makers who actually [...]