result #122920 - MERCK PHARMACEUTICAL COMPANY: YOUR THOUGHTS?

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result #122920 - MERCK PHARMACEUTICAL COMPANY: YOUR THOUGHTS?

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MERCK PHARMACEUTICAL COMPANY: YOUR THOUGHTS?

[+] serious ballot by mojo
ACTIVE Feb 07,2008 - Sat Mar 08, 08

Merck & Co. has agreed to pay more than $650 million to resolve government investigations and lawsuits related to the drug maker's pricing programs and marketing efforts.

The settlements resolve allegations that Merck underpaid rebates to the Medicaid health program for the poor, in connection with drugs Zocor, Vioxx and others. Also, the settlement resolves accusations that Merck paid improper inducements to doctors and other health-care professionals.

The Merck settlements are the latest examples of heightened government scrutiny of the pharmaceutical industry, which has stemmed from increased drug prices, questionable marketing and advertising practices and drug safety concerns. What's more, Merck recently agreed to a $4.85 billion settlement of product-liability litigation surrounding Vioxx.

"When a big drug company like Merck takes extraordinary and excessive measures to artificially sustain higher prices the government must pay for drugs, or engages in kickbacks to increase market share, higher costs to all of us are the bottom line," Patrick Meehan, U.S. Attorney for the Eastern District of Pennsylvania, said at a press conference here Thursday.

Another example of the corruption that is Big Pharma.	9
Give those guys a break. They need more money.	1

Ballot #122920: has 10 total votes.
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COMMENTS:
Voted : Another example of the corruption that is Big Pharma.
Someone should keep an eye on those guys.

by skylab on Thu Feb 07, 08 4:19pm [+]

Voted : Another example of the corruption that is Big Pharma.
again, they get away with it because people don't care. that is, until they get sick and find that their medicine drains their retirement account and they end up on the street.

people should just shop smart, and buy their meds out of country.

by LCD on Thu Feb 07, 08 4:36pm [+]

Voted : Another example of the corruption that is Big Pharma.
I'd spit in their faces, but I have to take three of their meds. They'd almost certainly cut me off.

by Truthseeker013 on Fri Feb 08, 08 5:05am [+]

Voted : Another example of the corruption that is Big Pharma.
One more reason why the U.S. needs universal health care.

by cranky on Fri Feb 08, 08 7:18am [+]

Voted : Another example of the corruption that is Big Pharma.
Are they still trying to push through those manditory HPV vaccines for girls in Texas?

by _Beelzebubba on Fri Feb 08, 08 7:31am [+]

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