Tuesday, April 6, 2010

Pfizer: Feds encourage shell game to hide blame

Pfizer: Shell game to hide the blame. Read this recent CNN story - good job, CNN! We will miss this type of story when you go under!  Now, ask yourself: how much do you trust these drug companies? Has the level of shannanigans risen to the point where you no longer trust them? And consider: this con game worked by taking actual resaerch info, spinning it in the marketing blender, adding in some MD spokesmodels to clue in our overworked physicians, with the open basket of money coming from our tax dollars. In other words, worthless oversight at all levels, except maybe the poor grunts having to actually carry out the basic research.

"...any company convicted of a major health care fraud is automatically excluded from Medicare and Medicaid. Convicting Pfizer on Bextra would prevent the company from billing federal health programs for any of its products. It would be a corporate death sentence.
"Prosecutors said that excluding Pfizer would most likely lead to Pfizer's collapse, with collateral consequences: disrupting the flow of Pfizer products to Medicare and Medicaid recipients, causing the loss of jobs including those of Pfizer employees who were not involved in the fraud, and causing significant losses for Pfizer shareholders.

"We have to ask whether by excluding the company [from Medicare and Medicaid], are we harming our patients," said Lewis Morris of the Department of Health and Human Services.

"So Pfizer and the feds cut a deal. Instead of charging Pfizer with a crime, prosecutors would charge a Pfizer subsidiary, Pharmacia & Upjohn Co. Inc."

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