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Drug Companies Getting Caught Red-Handed

  • August 02, 2004

If you want to know just how far those mega-billion pharameuticals will go to maintain their marketshare, a $345.5 million settlement announced late last week sure sounds like a lot of money to me. That's the amount it took for Schering-Plough to resolve a government Medicaid investigation. Last year, Bayer and GlaxoSmithKline paid $257 and $86.7 million, respectively, to settle similar allegations. During the late 90s, the popular Claritin generated billions of dollars in sales for...