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Do Big Pharma Exec Salaries Correlate w/Fraud & Whistleblower Sanctions?

Do Big Pharma Exec Salaries Correlate w/Fraud & Whistleblower Sanctions?

There was an interesting article in Forbes this week concerning the CEO salaries of Big Pharma and other healthcare giants. According to the article, "There is no mistaking the fact that the sector with the highest market capitalization – pharmaceutical companies – also had the highest executive compensation. This sector also had the highest net profit margins (NPMs) of any healthcare sector and it could well be the highest NPMs for any industry including those outside of healthcare."

We aren't surprised.

DOJ Says Healthcare Fraud Costs Taxpayers Billions: Federal False Claims Act Statistics

Unfortunately, the healthcare industry also has the highest rates of fraud according to Justice Department statistics compiled under the U.S. Federal False Claims Act. Medicare fraud costs taxpayers billions of dollars every year. Is there a tie between huge executive salaries and greed? Absolutely....


Filthy Pharma Chronicles – Another Baxter – Heparin Victim Speaks

Filthy Pharma Chronicles – Another Baxter – Heparin Victim SpeaksOne of the worst tragedies from adulterated pharmaceutical drugs in the United State was the contaminated Heparin imported from China and distributed by Baxter International. We have covered that story elsewhere on our site in the hope that such a pharma disaster never occurs again. And, yet we...


India Residents Qualify for U.S. Whistleblower Cash Rewards

India Residents Qualify for U.S. Whistleblower Cash RewardsOther Non-U.S. Citizens Eligible Too: Recent $30 Million Award Last year the United States Department of Justice paid out over $635,000,000.00 (US) in whistleblower awards. The various 50 states, the U.S. Securities and Exchange Commission (SEC) and the U.S. Internal Revenue Service (IRS) paid out...


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