Tag Archives for " big pharma "

August 21, 2010

People and Power – Big Pharma Drug Money

People & Power investigates fraud and corruption running through the veins of the US pharmaceutical industry.

One of the best exposes on Big Pharma, this video exposes the rampant fraud, off-label marketing, criminal practices, fraud, and huge payouts to psychiatrists to promote their drugs. How drug companies have paid out billions of dollars in fines and topping the list is drug giant Pfizer – having recently settled civil & criminal charges resulting in $2.3 billion in fines, the biggest fraud case in U.S. history.

It exposes how Pfizer got doctors to prescribe their drugs by taking them to strip clubs and the “absolutely jaw dropping” payouts made to those “experts” paid to promote their drugs to the public. It details the huge scandal ongoing right now with antipsychotic drugs, state lawsuits, deadly side effects to children and adults and how federal investigators are now investigating claims Johnson & Johnson illegally marketed the antipsychotic drug Risperdal to children –paying “some of the most influential doctors in the field” to accomplish this.

And at the top of that heap sits none other than the [now] infamous psychiatrist Joseph Biederman, who has been “credited” with the huge increase of children prescribed psychiatry’s most powerful/dangerous drugs, antipsychotics, while receiving millions in Pharma kickbacks that he never disclosed. Biederman is shown being questioned under oath, and when asked “What rank are you?” Biederman responds, “Full Professor.” When asked “What comes after that?” Biederman, straight-faced, responds, “GOD.” Pretty much says it all. Definitely worth watching.