Pharmaceuticals giant AbbVie must pay $15 million to the family of a 10-year-old boy who was born with spina bifida after an Illinois jury found the company failed to properly warn doctors about the risk of birth defects associated with Depakote, a prescription drug used to treat bipolar and seizure disorders. [More]
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Pharmaceutical Companies Accused Of Colluding To Delay Generic Version Of Popular Cholesterol Drug
By 10.10.16
If you’ve got a patent-protected drug that’s bringing in more than $1 billion a year in sales, you stand to lose a significant chunk of that revenue when the patent expires and lower-cost generic versions come on the market. A California prosecutor alleges that a number of drug companies illegally colluded in a nearly decade-long “pay-for-delay” deal intended to prevent the release of a cheaper competitor to a popular cholesterol drug. [More]
The 26 Top CEOs Who Made More Than Their Companies Paid In Federal Taxes
By 8.16.12
Once again, it’s time for the annual Institute for Policy Studies report on which top CEOs are earning more money than the companies they work for are paying out to federal government in taxes. [More]
