Global Pharmaceutical Giants have made Criminal Activity and the Fines 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 of the 'rule of law'. It is therefore only the 'tip' of the iceberg in terms of illegal business dealings with the public and governments.

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 with humanity other than it being an immense cash-cow for them. Their actions and out-of-court settlements speak volumes and where history cannot lie.

'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,

$2.2 billion and $2.5 billion (S4.7 billion in total in a mere year) by J&J (2013),

£3 billion by GSK (2012),

$762 million by Amgen (2012),

$1.5 billion 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 GSK (2010),

$423 million by Novartis (2010),

$460 million by Allergan (2010),

$2.3 billion by Pfizer (2009),

$1.42 billion by Eli Lilly (2009)

and $425 million by Cephalon (2008) - 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 3 November 2017)

Post Script

Before you read this article visit what one of the longest serving veteran US Senator in American history has to say about the 'cancer' that is destroying America's way of life and the backbone of their nation, the middle-class, who have lost the most and will continue to do so under the present economic values.

'American's Real Struggle-- Against Billionaire Oligarchy' (2015) by US Senator Bernie Sanders - http://www.opednews.com/articles/American-s-Real-Struggle--by-Bernie-Sanders-Billionaires_Oligarchy_Real-Democracy-150209-894.html

And also, how the TTP (Trans Pacific Partnership) will wreak havoc on future America and its people - 'This is what corporatocracy looks like!: Trading US Democracy for Corporate Profits with TPP' - http://www.opednews.com/articles/This-is-what-corporatocrac-by-Dave-Lindorff-Corporate-Corruption-Crime_Corporate-Rule_Corporatocracy_Democracy-150215-572.html
______________________________________________________________




References:

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