Global Pharmaceutical Giants have made Criminal Activity legal and the vast US multi-billion dollar Fines just a part of their Drug Costs

The following is a List of out of court settlements of the top 12 Pharmaceutical companies in the world at the end of 2013 (there have been many more since, as they have no respect for the 'rule of law'). It is therefore only the 'tip' of the iceberg in terms of illegal business dealings with the public, taxpayers (who pay through drug costs for all this corruption), governments and the world-at-large.

Institutional Corruption and the Pharmaceutical Policy - https://poseidon01.ssrn.com/delivery.php?ID=393024093024069084079010001089089065035087048051093061101004107064107064068002011009007006111015121111108089021114090001002023117014070089021004085096004072106084062077052120122102080007118095017119088024108092080121070107111030065010028096024011103&EXT=pdf

'Ackman says Valeant regulatory compliance no worse than rest of pharma industry' -  http://www.marketwatch.com/story/ackman-says-valeant-regulatory-compliance-no-worse-than-rest-of-pharma-industry-2015-10-30 (31 October 2015)


It should be quite clear now that big pharma is 'only' interested in vast profits and basically has no empathy or real feeling for humanity other than it being a continual and immense cash-cow for them, creating the highest profit business industrial sector on the planet. Their actions and out-of-court settlements speak volumes and where history does not lie. But where also our 'so-called' peoples' politicians and leaders pamper to their every whim and corruptive  enterprise ways without any meaningful reprisal. Indeed, all that they do is apparently pay billions upon billions of the taxpayers' money to line their deep pockets with every more silver and their current 'blind' and misplaced judgement in thinking that there is a cure for continually mutilating influenza/respiratory human killer viruses, is a pointer. For there has never been a single one to date even though the giant pharmaceutical groups have been trying for 150 years now, as these particular human killer viruses change continuously and last years' so-called vaccine, is out of date before we get it - a fool's journey in other words. But of course through this immense 'con' on the people of the planet, they receive non-ending trillions over the years without relent and no real payback to the people.  In this respect and to the point in the latest edition of the “Journal of the American Medical Association”(March 2020 analysis) in a study of 35 large pharmaceutical companies it showed that from 2000 to 2018 (a mere 18 years) they had revenues of $11.5 trillion and a gross profit of $8.6 trillion – yes they made, 8,600,000million profit or around 75% profit mark-up before the rich 1% shareholders et al got their grubby little hands on it. 

Big Pharma more profitable than most public firms | Pharmafile , 

 . So we are being 'conned' as I say every day of the year by these 'so-called' kind and humanitarian business behemoths in the interests of trillions of dollars on an ever increasing scale (paid indirectly again by the taxpayer - the 'people') and totally immoral to humanity if truth be told.

'Cancer Capitalism' - http://www.opednews.com/articles/Cancer-Capitalism-by-Mark-Taliano-Bailout_Capitalism-Over-Humanity_Finance_Finance-151024-207.html

For the major drug companies throughout the world are continually being found out for criminal and fraudulent activity in order to sell their pharmaceuticals. Not me saying this but the world’s media coverage and the out-of-court agreements that they have settled and where in the past 5 years alone fines in excess of $17 billion have been agreed between authorities and the big drug companies. These include but where they are not a fully exhaustive list of examples,

$3,400 million - GlaxoSmithKline (2006)

£3,000 million - GlaxoSmithKline (2012)

$785 million - Pfizer (Wyeth) (2016)

$1,200 million - Teva (2015)

$2,200 million and $2,5 00 million ($4,700 million in total in a mere year) by Johnson &Johnson  (2013)

$500 million - Daiichi Sankyo (2013)

$762 million by Amgen (2012)

$1,500 million by Abbott (2012)

$95 million by Boehringer Ingelheim (2012)

$109 million by Sanofi-Aventis (2012)

$950 million by Merck (2011)

$520 million by AstraZeneca (2010),

$750 million by GlaxoSmithKline (2010)

$423 million by Novartis (2010)

$600 million by Allergan (2010)

$2,300 million by Pfizer (2009)

$1.42 billion by Eli Lilly (2009)

$650 million - Merck (2008)

$425 million by Cephalon (2008)

$600 million - Purdue (2007)

$515 Bristol-Myers Squibb (2007)

$704 million - Serono - (2005)

$500 million - Schering Plough (2002)

$875 million - TAP (2001)

- Source for all from the US ‘Department of Justice’ and world media sources. Note also that all of these actions had criminal activity as part of their respective  settlements. But because these huge global concerns make so much money out of selling drugs, these fines have apparently now become an in-built expense in the corporate cost of their drugs. Indeed in GSK’s 2012 case in the USA, nearly $30 billion was sold and where it was estimated that even after the $3 billion fine was deducted, a profit of $11 billion was made.

Therefore it certainly appears that the accepted corporate environment that these giant corporations have structured internally for themselves has created these illegal activities and where it is of their own making and not predominantly the countries that they operate within - but I have to say though, that it does help if there is government and internal corruption to boot. But possibly the biggest sadness to date has to come out yet in India where over 20,000 of the poorest children in the world (between the ages of 10 and 14) have been used as human guinea pigs for Big Pharma – http://www.bbc.co.uk/news/magazine-20136654 . Indeed over the past seven years, nearly 2,000 trials have taken place in the country and the number of deaths increased from 288 in 2008 to 637 in 2009 to 668 in 2010, before falling to 438 deaths in 2011, the latest figures available. Therefore the drive for corporate profits has a very dark side to it and everyone should be fully aware of this fact. Apparently this is not a problem for big pharma and where vast profits and greed rise above human life itself. Governments just have to get to grips with these huge corporations and fine then not just a small percentage of their profits but all the estimated total profit.  That is the only way that they will ever alter their corporate mind-set and strategic blue-print.

But where it has to be said as a footnote, that Big Pharma has governments in their grip behind closed doors even though they have their roots predominately in the Nazi era, the holocaust, chemical and biological warfare -  

http://foolscrow.wordpress.com/2010/07/27/return-to-nuremberg-big-pharma-must-answer-for-crimes-against-humanity/

  and where their activities have not really changed one iota.

Indeed, the vast pharmaceutical industry with a global annual turnover of over $1 trillion is not in the business of 'cures' but only treatments such as Tamiflu et al. In this respect it is not in their interest to invent cures (only treatments) for then they would kill off the fatted cow and thereafter their would be no need for their drugs, hitting the bottom-line with billions of billions of lost sales year on year. Therefore people are living in a world of deceit, as cures are not really on the agenda for the pharma mafia. Medical science may be (that is totally different to pharmacology), but definitely not the global pharmaceutical industry.

For reason why Nature Magazine undertook the damning assault on the World Innovation Foundation (WIF) was because they took to task one of Dr. Declan Butler's friends (Nature Magazine). In this respect WHO primary advisor Professor Albert Osterhaus stated that he had discovered that Avian flu (bird flu) had jumped into humans and could be transmitted from human to human. This was not true and where Professor Ken Shortridge, a member of the WIF had first determined this. Thereafter when Osterhaus was challenged, Butler led a witch hunt on behalf of his friend Osterhaus and stated lies in the article such as one of the WIF's vice-presidents did not know of the WIF but where Robert Huber had undertaken WIF Assignments in South America. This shows the corruption and power in the global pharmaceutical industry and where Osterhaus is seen as the link with the global pharma mafia. The following article clearly analyses this situation and where Nature Magazine is a tool of Big pharma and not what people think, a prestigious science magazine. The truth is that Nature magazine are at the heart of the pharma mafia with the wrong information and propaganda that they push for the mighty pharmaceutical industry turning over $1 trillion a year and growing.  

The following concerns Osterhaus and Dr. Declan Butler's friend, who has systematically manipulated the WHO so that Big pharma makes tens of billions a year on 'false' pandemics (all paid by the taxpayer, you and me) It makes very interesting reading how corruption has corrupted WHO advisers and magazines such as Nature -  'World Health Organisation ‘Mr Swine Flu’ Under Investigation for Gross Conflict of Interest' - http://www.marketoracle.co.uk/Article15655.html

Dr David Hill

Chief Executive
World Innovation Foundation
9 December 2013 (updated 2 August 2020)

References: 

(note that most of the more up-to-date references have been added at the bottom of the references)

Twenty-Seven Years of Pharmaceutical Industry Criminal and Civil Penalties: 1991 Through 2017 - https://www.citizen.org/article/twenty-seven-years-of-pharmaceutical-industry-criminal-and-civil-penalties-1991-through-2017

HHS Sued for Dodging Mandatory Vaccine Safety Tests - https://principia-scientific.org/hhs-sued-for-dodging-mandatory-vaccine-safety-tests/

Violation Tracker Industry Summary Page - pharmaceuticals https://violationtracker.goodjobsfirst.org/industry/pharmaceuticals 

Big Pharma and Medical Device Manufacturers - https://www.drugwatch.com/manufacturers/ 

   

Pfizer: Corporate Rap Sheet - https://www.corp-research.org/pfizer 
 

Corporate Rap Sheets - https://dirtdiggersdigest.org/corporate-rap-sheets
 

Institutional Corruption and the Pharmaceutical Policy - https://poseidon01.ssrn.com/delivery.php?ID=393024093024069084079010001089089065035087048051093061101004107064107064068002011009007006111015121111108089021114090001002023117014070089021004085096004072106084062077052120122102080007118095017119088024108092080121070107111030065010028096024011103&EXT=pdf

'Buyer Beware: An Historical Look at Bayer's Unethical Practices' -  

http://www.opednews.com/articles/Buyer-Beware--An-Historic-by-jenny-miller-Anthrax_Auschwitz_Bayer_Bio-weapons-160917-415.html

'Novartis could face South Korea sales ban amid corruption allegations' - http://www.channelnewsasia.com/news/business/novartis-could-face-south/3035330.html

'Rule By The Corporations: The TTIP, The Corporate Empowerment Act' - http://www.globalresearch.ca/rule-by-the-corporations-the-ttip-the-corporate-empowerment-act/5452726

'We're Aren't Paying No Stinking Taxes--Pfizer' - http://www.opednews.com/articles/We-re-Aren-t-Paying-No-Sti-by-Martha-Rosenberg-Drugs_Income-Taxes_Marketing_Medicaid-151129-36.html

What ‘Successive’ Governments and Whitehall have covered-up and ‘Not’ told the British People about Hard Drug Addiction Treatments that simply will never work - http://worldinnovationfoundation.blogspot.co.uk/2014/01/what-successive-governments-and.html

'Four Horsemen - Feature Documentary - Official Version' (How the world really is by international economists and eminent thinkers) - https://www.youtube.com/watch?v=5fbvquHSPJU

'The Government Problem' (24 December 2014) - http://www.opednews.com/articles/The-Government-Problem-by-Robert-Reich-Government-Crime_Government-Takeover_Legislation_Money-141224-359.html

'The Billionaire Sentenced to Five Years in Prison' (25 December 2014) - http://www.opednews.com/articles/Billionaire-Sentenced-to-F-by-Rob-Kall-Billionaires_Corporate-Personhood_Hong-Kong-141225-388.html

Film Documentary - 'The Corporation : The Pathological Pursuit of Profit and Power' https://www.youtube.com/watch?v=Y888wVY5hzw

‘The truth about Trasylol’ – https://au.news.yahoo.com/sunday-night/features/a/25220609/the-truth-about-trasylol/

What you should know about the Gates Foundation and Others, and how they manipulate the system to their own ends and predominantly unknown to the people - indeed they are not the so-called good guys that they make out to be - http://www.opednews.com/articles/Privatized-Ebola-by-Margaret-Kimberley-Bill-Gates_Bottom-up-Top-Down_Ebola_Philanthropy-Giving-141016-114.html

'The Lie Machine' - http://www.opednews.com/articles/The-Lie-Machine-by-Paul-Craig-Roberts-America_Corporate_Corporations_Power-141012-777.html by Dr Paul Craig Roberts, former Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration

Twenty-Seven Years of Pharmaceutical Industry Criminal and Civil Penalties: 1991 Through 2017 – (certainly politicians have in recent times turned a blind eye to what the drug companies are all up to and that may because of their significant contributions to political parties – but you make your mind up on that based upon all other years before where they paid out billions in fines and where as they say, leopards never change their spots)

https://www.citizen.org/article/twenty-seven-years-of-pharmaceutical-industry-criminal-and-civil-penalties-1991-through-2017/

New Report on Big Pharma Settlements Highlights Need for Tougher Enforcement - – (certainly politicians have in recent times turned a blind eye to what the drug companies are all up to and that may because of their significant contributions to political parties – but you make your mind up on that based upon all other years before where they paid out billions in fines and where as they say, leopards never change their spots) https://www.citizen.org/news/new-report-on-big-pharma-settlements-highlights-need-for-tougher-enforcement/

Twenty-Seven Years of Pharmaceutical Industry Criminal and Civil Penalties: 1991-2017 (Chart Slide Set) - https://www.citizen.org/wp-content/uploads/2408_charts.pdf

Novartis subsidiary Sandoz to pay $195 million over antitrust allegations - https://www.cnbc.com/2020/03/02/novartis-subsidiary-sandoz-to-pay-195-million-over-antitrust-allegations.html

Big Pharma and Medical Device Manufacturers (what you really need to know about them and what they get up to in defrauding we the taxpayer who pays all the bills – not really philanthropic in any way whatsoever and government appear to be in bed with them – but make up your own mind of course?) – http://www.drugwatch.com/manufacturers/

SEC Enforcement Actions: FCPA Cases (for a panoramic picture of corruption  within big corporate US business including fines levied on even former US vice-presidents visit the following)  - https://www.sec.gov/spotlight/fcpa/fcpa-cases.shtml

Pharmaceutical Executive (billionaire) John Kapoor Sentenced To 66 Months In Prison In Opioid Trial (shows what these people will do to make more billions and do not care about the taxpaying public who ultimately pay all the bills,  in reality – but this is probably the mindset of all billionaires in truth and where money means power and human life means literally nothing) - https://www.npr.org/2020/01/23/798973304/pharmaceutical-executive-john-kapoor-sentenced-to-66-months-in-prison-in-opioid

Pharmaceutical companies fined for breaking competition laws - https://socialcare.today/2020/03/04/pharmaceutical-companies-fined-for-breaking-competition-laws/

Four pharmaceutical companies are fined £3.4MILLION for 'cheating the NHS' by working together to inflate the prices of antidepressants prescribed to thousands of people - https://www.dailymail.co.uk/health/article-8073859/Four-drugs-fined-3-4million-cheating-NHS-paying-pushed-prices-anti-depressants.html

SF tech biz forks out $146m in fines, settlements after painkiller makers bribed it to design medical software that pushed opioids to patients - https://www.theregister.co.uk/2020/01/31/practice_fusion_opioids/

Violation Tracker Industry

Industry:  pharmaceuticals

Penalty Total since 2000:  $40,144,167,254

Number of Records:  873

https://violationtracker.goodjobsfirst.org/industry/pharmaceuticals

THE US DOJ REACHES DEFERRED PROSECUTION AGREEMENT WITH PHARMA COMPANY FINED A RECORD CRIMINAL PENALTY FOR A DOMESTIC ANTITRUST CASE (SANDOZ) - https://www.concurrences.com/en/bulletin/news-issues/march-2020-en/the-us-doj-reaches-deferred-prosecution-agreement-with-pharma-company-fined-a

$260 Million Opioid Settlement Reached at Last Minute With Big Drug Companies - https://www.nytimes.com/2019/10/21/health/opioid-settlement.html

Pfizer and Flynn fined £90m for excessive pricing of epilepsy drug - https://www.pharmaceutical-journal.com/news-and-analysis/news/pfizer-and-flynn-fined-90m-for-excessive-pricing-of-epilepsy-drug/20202055.article?firstPass=false

New report on Big Pharma settlements highlights need for tougher enforcement - https://healthjournalism.org/blog/2018/03/new-report-on-big-pharma-settlements-highlights-need-for-tougher-enforcement/

European court upholds €150m ‘pay for delay’ pharmaceutical fines - https://www.pinsentmasons.com/out-law/news/european-court-upholds-150m-pay-for-delay-pharmaceutical-fines1

US authorities have imposed a $750m fine on GlaxoSmithKline for selling contaminated drugs. The case is the latest in a series of huge settlements secured by the US Justice Department against pharmaceutical companies with the help of whistleblowers. - https://www.thebureauinvestigates.com/stories/2010-11-01/pharmaceutical-giant-fined-750m

Pharma giant fined £90m for hiking drug price by 2600% - https://inews.co.uk/news/health/pharma-companies-fined-90m-hiking-price-nhs-epilepsy-drug-531721

Federal prosecutors snare 3rd generics exec in price-fixing investigation - https://www.fiercepharma.com/pharma/federal-prosecutors-snare-3rd-generics-exec-price-fixing-investigation

Novartis must end ‘bullying tactics’ over life-saving medicines - https://www.globaljustice.org.uk/news/2018/mar/1/novartis-must-end-bullying-tactics-over-life-saving-medicines

Big Pharma Fined £25bn - Profits Soar, Prices Soar! - https://www.huffingtonpost.co.uk/john-piears/public-pays-price-for-big_b_9667860.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAOC6nKGwI2O8YCIgy71nOnwmvo2hCrpeymunPYtiuXBVXWPtt2ATWukXj1p0FUs2y8J05it6hgdRwDebYwDOBKov_r0RXBB4lUwXAVE5leiduUzVAIA21zgMJY4V8kWkqCuyoOQXmXh6hHuwe1C-FZVPHqiwCYHOs8ZD4uJZMEn

Is the reduction in fines in the pharmaceutical industry a good sign? - https://www.paconsulting.com/newsroom/expert-opinion/pharmaceutical-compliance-monitor-is-the-reduction-in-fines-in-the-pharmaceutical-industry-a-good-sign-1-august-2016/

The biggest ever pharmaceutical lawsuits - https://www.pharmaceutical-technology.com/features/biggest-pharmaceutical-lawsuits/

French competition authority fines pharma company for its anti-generic ‘commando’ sales tactics - https://www.bristows.com/news/french-competition-authority-fines-pharma-company-for-its-anti-generic-commando-sales-tactics/

Johnson & Johnson Ordered to Pay $572 Million in Landmark Opioid Trial - https://www.nytimes.com/2019/08/26/health/oklahoma-opioids-johnson-and-johnson.html

Purdue Pharma offers $10-12 billion to settle opioid claims - https://www.nbcnews.com/news/us-news/purdue-pharma-offers-10-12-billion-settle-opioid-claims-n1046526

What ‘Successive’ Governments of the United Kingdom and Whitehall have covered-up and ‘Not’ told the British People about Hard Drug Addiction Treatments that simply will never work and the only one that does they have 'secretly'suppressed - https://worldinnovationfoundation.blogspot.com/2014/01/what-successive-governments-and.html

 

Vaccines will 'Never' save us from a deadly equivalent of Spanish Flu if common sense is used -  https://worldinnovationfoundation.blogspot.com/2013/12/vaccines-will-never-save-us-from-deadly.html

Possibly the Most Important Keynote Speech ever given for Humanity's Future Survival as the 'Unthinkable' will eventually happen according to Dr. Margaret Chan, D-G of the World Health Organization (WHO) who has said many times, it is only a matter of time not when - https://worldinnovationfoundation.blogspot.com/2013/12/possibly-most-important-keynote-speech.html