Announcement

Collapse
No announcement yet.

Mallinckrodt paid 'kickbacks' to keep drug price high, and stuck taxpayers with bill

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Mallinckrodt paid 'kickbacks' to keep drug price high, and stuck taxpayers with bill

    The pharmaceutical company responsible for one of the largest drug price increases in US history "knowingly paid illegal kickbacks" as part of an elaborate scheme to make millions and stick the American taxpayer with the bill, the US Department of Justice said Wednesday in a lawsuit filed against Mallinckrodt Pharmaceuticals.

    In its complaint, the government demanded a jury trial that would put front and center the actions of the company at the heart of a 97,000% drug price hike. The price of Mallinckrodt's anti-inflammatory drug Acthar -- best known for treating babies with a debilitating seizure disorder -- has gone from $40 a vial in 2000 to nearly $39,000 today.
    The complaint was filed in the US District Court for the Eastern District of Pennsylvania by US Attorney William McSwain. Mallinckrodt could face fines of nearly $240 million if found liable.
    The government alleged Mallinckrodt used a foundation, called the Chronic Disease Fund, as a conduit to pay kickbacks as part of the scheme to maintain the high price of Acthar.
    https://www.cnn.com/2019/06/05/healt...doj/index.html
    01000010 01100001 01100001 00100000 01110111 01100101 01100101 01110000 00100000 01100111 01110010 01100001 01101000 01101110 01100001 00100000 01110111 01100101 01100101 01110000 00100000 01101110 01101001 01101110 01101110 01111001 00100000 01100010 01101111 01101110 01100111

  • #2
    Assholes.
    They speak in bulletpointese leftist nutjob drivel. It doesn't matter. Nothing is as great a motivator as the chance to truly be free.
    -Mr. Raceboy

    Comment


    • #3
      Originally posted by Jester View Post
      Assholes.
      doubly so, given the patients.
      "Whenever you find yourself on the side of the majority, it is time to pause and reflect." –Mark Twain

      Comment

      Working...
      X