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Tag: pharmaceuticals

GlaxoSmithKline Settles with Justice Department for $3 Billion

 Steve Neavling
ticklethewire.com

Drugmaker GlaxoSmithKline will pay $3 billion and plead guilty to criminal and civil charges in connection with off-label marketing of several drugs under an agreement announced Monday by the Justice Department, according to the Philadelphia Inquirer.

The London-based company is accused of illegally marketing prescriptions, including diabetes drug Avandia and the antidepressant Paxil.

“Today’s multi-billion dollar settlement is unprecedented in both size and scope,” James M. Cole, Deputy Attorney General, said in a statement. “It underscores the Administration’s firm commitment to protecting the American people and holding accountable those who commit health care fraud. At every level, we are determined to stop practices that jeopardize patients’ health, harm taxpayers, and violate the public trust – and this historic action is a clear warning to any company that chooses to break the law.”

Sen. Schumer to DEA: Pharmacies Need More Protection

Alum Sen. Charles Schumer

By Danny Fenster
ticklethewire.com

Senator Charles Schumer, D-N.Y., is concerned about American pharmacists. There have been about 1,800 pharmacy robberies in the past three years, he has said in calling for increased protection for pharmacists, reports UPI.

Schumer blames the robberies on the increased ability to obtain highly addictive pain medications like Oxycontin, and in a letter to the DEA has called for increased security infrastructure at pharmacies, local access to DEA data on pharmacy thefts and an increase in the maximum sentences for pharmacy related crimes–up to 20 years per offense, according to UPI.

“The guidelines and regulations issued by the DEA to pharmacists do not meet the challenges faced by 21st century pharmacies and do not fully protect pharmacists from the awful violence prescription drug addicts are willing to inflict in order to steal schedule II narcotics and should be updated to reflect this frightening new reality,” Schumer wrote in the letter to the agency.

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