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Archive for September, 2009

Pfizer Guilty of Fraud Pays Largest US Health Fraud Settlement

Pfizer found guity of criminal fraud

Pfizer found guity of criminal fraud

Pfizer pleaded guilty to a felony crime for “…for misbranding Bextra with the intent to defraud or mislead.”  Read more from the actual DOJ documents.

The feds relied heavily on evidence from a half-dozen whistleblowers  who give testimony that eventually proved  Pfizer fraudulently marketed Bextra.  This settlement is  the largest health fraud settlement in U.S. history.

What Pfizer did was ask the FDA for the approval of Bextra to be used for several diseases and conditions, but the FDA refused those approvals. Pfizer then went ahead anyway and off-label marketed the drugs for those diseases and conditions.

The key whistleblower was  West Point grad John Kopchinski, who was hired by Pfizer as a sales rep when he left the Army in 1992. Kopchinski, 45,  was fired by the company in 2003.

Kopchinsk was talking with lawyers by then about evidence he had accumulated on how Pfizer was marketing  Bextra, a painkiller withdrawn from the market in 2005 amid safety concerns… ... Read Full Story