GlaxoSmithKline Fined in Biggest Healthcare Fraud Case in U.S. History

Pharma heavyweight GlaxoSmithKline is paying a $3 billion fine in the largest healthcare fraud case in U.S. history. The company was accused of promoting various drugs for uses other than what they had been approved for and of having failed to give the Food and Drug Administration safety information on the diabetes drug Avandia.

While $3 billion is a mind-boggling sum for the average person to comprehend, is it just the cost of doing business for the giant pharmaceutical company? Should we believe the company's claims that it has cleaned up its act?

Go to the jump to see some of the reaction on Twitter and then leave us a comment on what you think.

 

Glaxo Smith Kline to Pay $3 Billion Fine; Is it Enough?

Okay, Internets time to tell us what you really think about the $3 billion fine that GlaxoSmithKline was ordered to pay in the largest healthcare fraud in U.S. History.

Storified by · Tue, Jul 03 2012 10:08:29

Documents show how Glaxo lavished perks, trips on docs to push pills for unapproved use & paid $275K to @drdrew. http://capsules.kaiserhealthnews.org/index.php/2012/07/doc-payments-show-underbelly-of-pill-marketing/Jay Hancock

Apparently, the most common side effect of Paxil is a bad sunburn experienced by your doctor after Glaxo send him to Hawaii.David Lubar

Feds Say Dr. Drew Was Paid By Glaxo To Talk Up Antidepressant - Forbes http://onforb.es/NYajffMatthew Herper

@drdrew needs to be named in every class action suit against Glaxo for Paxil use. Call the attorneys doing the class actions NOW!Apache Freedom

To recap: corrupt bankers, corrupt GSK, corrupt MPs, rising income inequality as the rich reward each other: and we're surprised by rioters.ben goldacre

"@bengoldacre GSK's $3billion fine isnt even the tip of the iceberg, it's one of several tips of several large icebergs http://bit.ly/KRjAEBsoulful sepulcher

Can someone ask #SCOTUS Per #CitizensUTD if Glaxo is a person why aren't they jailed for life... #Justaskin...Mark Scrimshire

Glaxo $3 billion in fines. But sadly “What we’re learning is that money doesn’t deter corporate malfeasance,” http://www.nytimes.com/2012/07/03/business/glaxosmithkline-agrees-to-pay-3-billion-in-fraud-settlement.html #msmchszJ. Paul Neeley

Glaxo's 'Massive' Fines Just Cost of Doing Business + more TheStreet news http://bit.ly/N5NW6r #business #Cost #DoingStock News Hub

The mobsters at Glaxo paid a pence on the pound of profit for poisoning Americans for six years. http://lnkd.in/-2cvMrLarryBodine

In addition to $3 B Settlement, Glaxo agrees to 5-yr "Corp Integrity Agreement." Can they change culture in 5 yrs? http://on.wsj.com/Mp49JCCorbette Doyle

Comments

[abercrombie sale]

I would like to see how I could grab your rss feed to stay updated of any changes on your website, but I cant find it, where is the link for it?