502.495.5040

Speeding or Defective Equipment?

May
30

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.

William Faris, JD
Chief Executive Officer
502-495-5040
william.faris@omca.biz
www.omca.biz

Posted in Bill's Favorite Files, OMCA