[Nettime-bold] Drug Firm To Pay $875M Fine For Fraud

[radtimes <resist@best.com>]

Qui Tam Time
Drug Firm To Pay $875M Fine For Fraud
The Boston Globe

A major US drug manufacturer agreed to pay a record $875 million fine
yesterday to settle criminal and civil charges that the company inflated
the price of a top-selling prostate cancer drug and used government
money to bribe doctors to prescribe it... Investigators unravelled the
case with the help of a doctor from the Tufts Health plan HMO who
refused a $40,000 bribe from TAP salespeople and then allowed
prosecutors to bug his office when the salespeople came calling again.
Tufts Health Plan and Dr. Joseph Gerstein, its medical director of
pharmacy, will share a reward of $17 million for alerting prosecutors to
the fraud. Tufts officials said they will donate their portion to
charity. A former sales vice president at TAP, who also blew the
whistle, will get $78 million for his aid to prosecutors.

http://boston.com/dailyglobe2/277/nation/Drug_firm_to_pay_875m_fine_for_fraud+.shtml 
  


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