jump to last post 1-4 of 4 discussions (4 posts)

Johnson & Johnson settles bribery case with feds

  1. Stacie L profile image86
    Stacie Lposted 5 years ago

    Johnson & Johnson settles bribery case with feds

    BY DANIEL WAGNER (AP Business Writers), MATTHEW PERRONE (AP Business Writers)
    Originally Published: Friday, April 08, 2011
    Updated: Friday, April 08, 2011


    WASHINGTON (AP) — Health care giant Johnson & Johnson has agreed to pay $70 million to settle civil and criminal charges of bribing doctors in Europe and paying kickbacks to the Iraqi government to illegally obtain business.


    The Securities and Exchange Commission said Friday that the company settled the charges with the agency and the Justice Department without admitting or denying guilt.

    The government accused J&J subsidiaries of providing money and travel gifts to doctors in Greece, Poland and Romania in exchange for their prescribing J&J products to patients. The SEC says J&J agents used fake contracts and sham companies to deliver the bribes. The SEC says the bribes began at least 13 years ago.
    read more
    http://www.reliablenews.com/e71552-john … feds?cat=6

    I'm shocked that a pharma company would bribe doctors! roll

  2. knolyourself profile image61
    knolyourselfposted 5 years ago

    I thought most doctors work for the drug industry.

  3. Stacie L profile image86
    Stacie Lposted 5 years ago

    I was being sarcastic...wink

  4. knolyourself profile image61
    knolyourselfposted 5 years ago

    As was I.

 
working