Summary
BOSTON -- Pfizer Inc. will plead guilty to criminal charges and pay $430 million in fines to settle charges that a company it bought four years ago illegally promoted non-approved uses for a drug by flying doctors to lavish resorts and paying them hefty speakers' fees to tout it.
The settlement with the world's largest pharmaceutical company over the company it bought, Warner-Lambert, includes a $240 million criminal fine -- the second-largest criminal fine ever imposed in a health care fraud prosecution, the Justice Department said.See the full content of this document
Extract
Pfizer to Plead Guilty
Whistle-blower David Franklin, the scientist who reported the marketing abuses to authorities, will receive $26.6 million as part of the settlement.
"Th...See the full content of this document
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