GlaxoSmithKline’s Criminal Activities: What they got away with…


Note: Thus is just a small sample..

Most of you will be aware that GSK were recently fined 3 Billion in the US for a litany of illegal activities. But, as this columnist points out… This is the tip of the iceberg… 

They got away with much more than what they were fined for… 

3 Billion is buttons for a company like GSK.. apparently they used their ‘cash reserves’ to pay this fine. In other words .. they factor in the cost of FRAUD into their business plans and they have billions put by to pay for future legal costs… 

The fine didn’t damage GSK’s share price, it didn’t damage their profits…

But it did damage their reputation.. Although their reputation pre-fine was already fairly despicable , as these GSK crimes (which were not accounted for) clearly show…

The misdemeanors agreed to by GSK are, of course, just the tip of the iceberg. They did not admit any wrongdoing in the selling and marketing of Lamictal, Zofran, Imitrex, Lotonex, Flovent, Valtrex, Avandia, or Advair products, nor in its pricing practices. Also, GSK did not face charges for

  • killing 14 Argentinian babies during illegal vaccine trials that were conducted between 2007 and 2008
  • falsifying parental authorization in Argentina during these trials so that the babies could participate without legitimate parental permission
  • Not informing patients that Paxil is linked to cardiovascular birth defects
  • Failing to warn the public about the dangers of Paxil withdrawal symptoms, which can result in suicide, self-harming acts, or homicide
  • Knowingly selling products made in their plant in Puerto Rico which were contaminated with bacteria, other pathogens, and filth
  • Producing a swine 

     vaccine and selling it in Europe knowing that it caused narcolepsy

  • Destroying the career of Dr. 

     who tried to point out the dangers associated with Glaxo’s MMR vaccine, specifically the Urabe mumps strain

  • Producing a denture cream, Poligrip, which was so heavily laced with zinc that it produced neurological damage in users
  • Failing to warn 

     of the risk of Poligrip

  • Failing to warn consumers that their asthma drug, Advair, contains an ingredient, salmeterol, which is associated with serious asthma and asthma-related deaths
  • Firing whistleblowers who tried to bring these problems to the attention of management

    http://www.garynull.com/home/bad-to-the-bone-fraud-is-the-business-plan.html

    For full article see the link above (Bad to the bone- Fraud is the business plan)

 

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