Wednesday, September 2, 2009

Pfizer Settlement

How could I not make a comment on the settlement with Pfizer which features the largest criminal fine ever imposed in United States for any legal matter? The announcement of the agreement has Pfizer pleading guilty under a $2.3 billion federal settlement over unlawful prescription-drug promotions. The settlement involves the drug Bextra but also resolves Justice Department investigations involving alleged past off-label promotional practices concerning Zyvox, Geodon and Lyrica and allegations related to certain payments to health-care professionals.

America is one of only two nations on earth that permit the direct-to-consumer advertising of prescription drugs and even that's not enough for the drug companies. They want more and more and more. It's great to see the system working to protect consumers.

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