Pfizer Must Pay $2.3 Billion in Largest Healthcare Fraud in History

2/365 01.02.09US drugmaker Pfizer has agreed to pay $2.3bn (£1.4bn) in the largest healthcare fraud settlement in the history of the Department of Justice.

It follows the firm being found to have illegally promoted four drugs as treatments for conditions different to those which regulators had approved.

A subsidiary of the firm pleaded guilty to misbranding drugs “with the intent to defraud or mislead”.

http://news.bbc.co.uk/2/hi/business/8234533.stm

Creative Commons License photo credit: Chippycheeky

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