FDAnews Drug Daily Bulletin
July 3, 2012 | Vol. 9 No. 130
Pharma Blog Watch
Pharma Companies are People Too (World of DTC Marketing Blog)
GlaxoSmithKline has agreed to plead guilty to misdemeanor criminal charges and pay $3 billion to settle the largest case of healthcare fraud in U.S. history, blogger Rich Meyer writes. “So if corporations are people one has to wonder what happened to the ‘people’ who made these bad decisions?” Meyer asks. He believes after the company pays the hefty fines, the actual “people” making these poor decisions, the upper-crust management of the pharma giants, should be relinquished of their positions and not remain in the healthcare industry. “Remember that in the end this $3 billion fine is just a line item on their balance sheet,” he writes. “Some of the people who signed off on these decisions may still be there and they need to be weeded out.”
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