A UK drugs firm GlaxoSmithKline, has been hit with a $3billion penalty after admitting to the ‘biggest healthcare fraud in history’. GSK paid U.S. medics to prescribe potentially dangerous medicines to adults and children. GSK agreed to plead guilty and to pay $3 billion to resolve its criminal and civil liability arising from the company’s unlawful promotion of certain prescription drugs, its failure to report certain safety data, and its civil liability for alleged false price reporting practices, the Justice Department announced today. The resolution is the largest health care fraud settlement in U.S. history and the largest payment ever by a drug company.
GlaxoSmithKline fined £37.6m for keeping the cost of anti-depressants artificially high and cheating NHS and taxpayer:
The UK company GlaxoSmithKline was found guilty of offering bribes to health care workers to boost its business, and will have to pay the Chinese government 3 billion yuan ($489 million).
GlaxoSmithKline fined over vaccine trials; 14 babies reported dead
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