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Drugmaker Pfizer Pleads Guilty to Fraud and Will Pay Record $2.3 Billion

The government needs to bring more cases like this. This is the largest health care fraud fine in U.S. history.

pfizer

By Ransdell Pierson and Jeremy Pelofsky
REUTERS
NEW YORK/WASHINGTON – Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge relating to promotion of its now-withdrawn Bextra pain medicine and will pay a record $2.3 billion to settle allegations it improperly marketed 13 medicines.

The world’s biggest drugmaker was slapped with the huge fines after being deemed a repeat offender in pitching drugs to patients and doctors for unapproved conditions.

For Full Story

Read Remarks By Associate  Atty. Gen. Tom Perrelli

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