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Pfizer Ordered to Pay US Government $60 Million in Connection with Bribery Charges

 

Photo: Candy (CC)

Via BBC News:

Pharmaceutical giant has Pfizer has agreed to pay the United States government $60 million to settle charges that its representatives bribed health care officials in Europe and Asia to secure lucrative contract. The company admits no wrongdoing:

The US drugs giant does not admit any guilt.

“Pfizer subsidiaries in several countries had bribery so entwined in their sales culture that they offered points and bonus programs to improperly reward foreign officials who proved to be their best customers,” said Kara Brockmeyer, chief of the SEC’s foreign enforcement division, which made the allegations.

The countries involved are Bulgaria, China, Croatia, Czech Republic, Italy, Kazakhstan, Russia, and Serbia.

Sixty million dollars may sound like a lot of money, but it’s practically peanuts to Phizer: The company grossed almost $48 billion in income last year.

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Ex-Pfizer Worker Cites Genetically Engineered Virus In Lawsuit Over Firing

By Edmund H. Mahoney for the Hartford Courant:

Medical experts will be watching closely Monday when a scientist who says she has been intermittently paralyzed by a virus designed at the Pfizer laboratory where she worked in Groton opens a much anticipated trial that could raise questions about safety practices in the dynamic field of genetic engineering.

Organizations involved in workplace safety and responsible genetic research already have seized on the federal lawsuit by molecular biologist Becky McClain as an example of what they claim is evidence that risks caused by cutting-edge genetic manipulation have outstripped more slowly evolving government regulation of laboratories.

McClain, of Deep River, suspects she was inadvertently exposed, through work by a former Pfizer colleague in 2002 or 2003, to an engineered form of the lentivirus, a virus similar to the one that can lead to acquired immune deficiency syndrome, or AIDS. Medical experts working for McClain believe the virus has affected the way her body channels potassium, leading to a condition that causes complete paralysis as many as 12 times a month.

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