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False Claims Act Update & Alert |
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Taxpayers
Against Fraud Education Fund | Washington, D.C. |
WWW.TAF.ORG
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n TAF Home Page n Previous Newsletters n Email editor
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 Biovail to Pay $25 MillionBiovail has agreed to pay $22.2 million in criminal fines and $2.4 million in civil charges to settle allegations it was engaged in a kickback scheme in which the company paid or caused to be paid up to $1,000 to thousands of physicians and others in order to induce them to prescribe and/or recommend the hypertensive drug, Cardizem. >> To read more |
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 An
FCA for Wall Street?Writing in Forbes, Bill Singer suggests Wall Street might need a False Claims Act. "Given the horrendous job that the SEC and other regulators have done, more eyes and ears should be helpful -- and particularly if those watchers and listeners are motivated by the lure of a bounty. As such, I propose that we implement an act modeled after the False Claims Act replete with its Qui Tam provision to deputize millions of Americans to patrol the Wall Street beat." |
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 Top 15 Drugs Sales in 2008Lipitor - $7.77 billion Nexium - $5.89 billion Plavix - $4.83 billion Advair - $4.38 billion Seroquel - $3.78 billion Singulair - $3.44 billion Enbrel - $3.6 billion Neulasta - $3.02 billion Actos - $3.11 billion Epogen - $3.02 billion Prevacid - $3.09 billion Abilify - $3.1 billion Remicade - $3.1 billion Effexor - 3 billion Lexapro - $2.9 billion |
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