Speeding or Defective Equipment?
When attorneys or their clients are caught speeding, the standard outcome is a small fine and a plea of “defective equipment.” You certainly wouldn’t want them to accept responsibility, get insurance points and take the consequences…right?
Sometimes it seems Big Pharma has the same attitude.
Civil Suit → Pay the fine.
Regulatory Review → Admit no wrongdoing.
Medicare Overcharging → Here’s a check.
The latest of these, as reported in the St. Louis Business Journal, is a $3.5 million payment by the pharmaceutical company Mallinckrodt, Inc., to settle doctor kickback lawsuits. The US Attorneys’ Office claimed Big Pharma pushed “third-rate” pharmaceuticals via illegal physician inducements.
As a new standalone drug-maker, Mallinckrodt reported 11% sales growth to $2 billion.
Apparently they were able to write the settlement check without difficulty. And finally, they admit no wrongdoing. Must have been defective equipment.
Call us. We can do better.