Big Pharma giant Johnson & Johnson admitted bribing European doctors and agreed to pay $70 million in civil and criminal court, according to a recent article in The New York Times.<\/p>\n
The bribes were so egregious that one copy of an internal company 3-mail stated that providing cash incentives to surgeons is common knowledge in Greece, and that, were the company to stop paying bribes, wed lose 95% of our business by the end of the year\u201d,<\/p>\n
Robert Khuzami, director of the Securities and Exchange Commission’s division of enforcement, said that the company tried to hide its activities by \u201cusing sham contracts, off-shore companies and slush fund\u201d.<\/p>\n
These heinous acts are just the most recent in a string of missteps by Johnson & Johnson, which has issued more tan 50 product recalls since the start of Tylenol, Motrin, Rolaids, and Benadryl. It also recalled two popular hip implants that a recent study suggested might fail soon after surgery in close to half of the patients who received them.<\/p>\n
\u201cWe are deeply disappointed by the unacceptable conduct that led to these violations\u201d, said William C. Weldon, Johnson and Johnson’s chairman and chief executive, said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Big Pharma giant Johnson & Johnson admitted bribing European doctors and agreed to pay $70 million in civil and criminal court, according to a recent article in The New York Times. The bribes were so egregious that one copy of an internal company 3-mail stated that providing cash incentives to surgeons is common knowledge in Read More…<\/a><\/p>\n","protected":false},"author":1,"featured_media":1891,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[3,661,39,1],"tags":[810],"_links":{"self":[{"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/posts\/1889"}],"collection":[{"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/comments?post=1889"}],"version-history":[{"count":0,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/posts\/1889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/media\/1891"}],"wp:attachment":[{"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/media?parent=1889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/categories?post=1889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.nahtnow.com\/en\/wp-json\/wp\/v2\/tags?post=1889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}