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Swine flu vaccine supplier has to pay back millions

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-10-09 08:30 PM
Original message
Swine flu vaccine supplier has to pay back millions
US pharmaceutical giant Baxter accused of overcharging Medicaid programmes
http://www.guardian.co.uk/world/2009/oct/11/swine-flu-vaccine-baxter

A company producing swine flu vaccine for Britain has paid millions of pounds in out-of-court settlements after being accused of fraudulently overcharging for medicines.

Baxter, the US pharmaceutical giant, reached at least seven huge settlements over the past 12 months, some of them for millions of dollars. The company had been accused of fraud amid allegations that it had overpriced medicines by as much as 1,300%.

The disclosure comes days after Baxter's vaccine, Celvapan H1N1, was given approval by the European Medicines Agency and will raise fears about the growing costs of the swine flu pandemic. Vaccines are expected to cost the government £155m over the next four years.

Baxter became involved in prolonged litigation after being accused of fraudulently overcharging Medicaid, the US health programme that provides a safety net for the poorest families. Executives from the company paid out $2m to the Kentucky state government this year. Jack Conway, the Kentucky attorney general, said: "All of this could have been easily avoided if Baxter… had done what the law requires: report truthful prices.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-10-09 08:31 PM
Response to Original message
1. And all this time, I thought corporations were pure and medicaid was evil socialism...
:sarcasm:

Pay back and then lock up. Isn't defrauding the US government like a crime or something?
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Dogmudgeon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-10-09 09:14 PM
Response to Reply #1
2. Oniy for non-profits registering poor people to vote
Otherwise, No Problemo.

--d!
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-10-09 10:35 PM
Response to Original message
3. The same company which "accidentally" mixed 3 flu viruses together.
and was never prosecuted for it.


Thursday, March 5, 2009

Czech newspapers are questioning if the shocking discovery of vaccines contaminated with the deadly avian flu virus which were distributed to 18 countries by the American company Baxter were part of a conspiracy to provoke a pandemic.

The claim holds weight because, according to the very laboratory protocols that are routine for vaccine makers, mixing a live virus biological weapon with vaccine material by accident is virtually impossible.

“The company that released contaminated flu virus material from a plant in Austria confirmed Friday that the experimental product contained live H5N1 avian flu viruses,” reports the Canadian Press.

Baxter flu vaccines contaminated with H5N1 – otherwise known as the human form of avian flu, one of the most deadly biological weapons on earth with a 60% kill rate – were received by labs in the Czech Republic, Germany, and Slovenia.

Initially, Baxter attempted to stonewall questions by invoking “trade secrets” and refused to reveal how the vaccines were contaminated with H5N1. After increased pressure they then claimed that pure H5N1 batches were sent by accident. This was seemingly an attempt to quickly change the story and hide the fact that the accidental contamination of a vaccine with a deadly biological agent like avian flu is virtually impossible and the only way it could have happened was by willful gross criminal negligence.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-11-09 08:02 AM
Response to Reply #3
4. Why Is There No 3 Strikes Rule for Criminal Enterprises Like This One?
That's a change I can believe in.
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