Eli Lilly and Company announced it has agreed to plead guilty to criminal conduct and to pay more than 1.4 billion in criminal and civil fines, penalties and damages arising from allegations made in multiple whistleblower lawsuits that the pharmaceutical giant defrauded Medicare, Medicaid and other government-funded health care programs in connection with its market practices for its blockbuster atypical antipsychotic, Zyprexa. The settlement is the largest qui tam settlement in U.S. history.
Lilly engaged in a nationwide campaign to market Zyprexa off-label for untested and unapproved uses and, as part of that campaign, Lilly minimized and misrepresented the dangers of Zyprexa, placing company profits above the public safety according to two qui tam Complaints filed by whistleblower attorneys Brian Kenney and Tavy Deming.
Full Article and Source:
Eli Lilly Pays a Record $1.4 Billion to Settle Federal and State Fraud Investigations into Illegal Zyprexa Off-Label Marketing Practices
Video Source:
Eli Lilly's $1.4 Billion Crime
More information:
Eli Lilly Owes $1.4B Over "Off Label" Use
Eli Lilly in $1.4B Zyprexa settlement
Lilly engaged in a nationwide campaign to market Zyprexa off-label for untested and unapproved uses and, as part of that campaign, Lilly minimized and misrepresented the dangers of Zyprexa, placing company profits above the public safety according to two qui tam Complaints filed by whistleblower attorneys Brian Kenney and Tavy Deming.
Full Article and Source:
Eli Lilly Pays a Record $1.4 Billion to Settle Federal and State Fraud Investigations into Illegal Zyprexa Off-Label Marketing Practices
Video Source:
Eli Lilly's $1.4 Billion Crime
More information:
Eli Lilly Owes $1.4B Over "Off Label" Use
Eli Lilly in $1.4B Zyprexa settlement
4 comments:
Zyprexa has generated a lot of bad press for Eli Lilly and they still have unresolved Zyprexa settlement claims.
Eli Lilly is 'reaping the whirlwind' for aggressive marketing of Zyprexa that has caused suffering and deaths.
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Daniel Haszard 4 year Zyprexa patient who got diabetes from it.
i think poisoning people is a new way to get away with murder
Always remember that Ruth Lilly (heiress to the Eli Lilly fortune) is a guardianship ward.
She has been in isolation for years.
But Daniel, they must know ahead that they could shoot themselves in the foot with agresssive marketing - but the profit outweights the potential fines.
And likely most of the drugs they agressively market don't cause them any "problems".
So, money/profit rules the roost.
I am sorry you suffer from the effects of Zyprexa, Daniel.
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