doctor

Eli Lilly admits to more than $200 million dollars worth of doctor payoffs

Wednesday, August 15, 2012 by: Willow Tohi
Tags: Eli Lilly, payoffs, doctors

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
BACK INTO THE CLOSET: Why U.S. reporters are not allowed to write about rainbow events in nations where being gay is still condemned
Depopulation test run? 75% of children who received vaccines in Mexican town now dead or hospitalized
A family destroyed: Six-month-old dies after clinic injects baby with 13 vaccines at once without mother's informed consent
Biologist explains how marijuana causes tumor cells to commit suicide
Companies begin planting microchips under employees' skin
INVESTIGATION: Three days before Dr. Bradstreet was found dead in a river, U.S. govt. agents raided his research facility to seize a breakthrough cancer treatment called GcMAF
BAM! Chipotle goes 100% non-GMO; flatly rejecting the biotech industry and its toxic food ingredients
ECONOMIC SLAVERY FOR ALL: While we were distracted with the Confederate flag flap, Congress quietly forfeited our entire economic future via fast-track trade authority
NJ cops bust teenagers shoveling snow without a permit
Chemotherapy kills cancer patients faster than no treatment at all
McDonald's in global profit free fall as people everywhere increasingly reject chemically-altered toxic fast food
March Against Monsanto explodes globally... World citizens stage massive protests across 38 countries, 428 cities... mainstream media pretends it never happened
Italian court rules mercury and aluminum in vaccines cause autism: US media continues total blackout of medical truth
The 21 curious questions we're never allowed to ask about vaccines
SCOTUS same-sex marriage decision may have just legalized the concealed carry of loaded firearms across all 50 states, nullifying gun laws everywhere
Orthorexia Nervosa - New mental disorder aimed at people who insist on eating a clean diet
Vicious attack on Dr. Oz actually waged by biotech mafia; plot to destroy Oz launched after episode on glyphosate toxicity went viral
Nearly every mass shooting in the last 20 years shares one surprising thing? and it's not guns
Delicious
(NaturalNews) Prozac. Cialis. Cymbalta. If you have a television or read magazines, you've heard of their drugs. Eli Lilly, out of Indiana, makes billions of dollars every year off the sale of their patented chemicals, which are used to suppress the symptoms of disease in the human body. Founded by a chemist in the late 19th century; today the pharmaceutical giant has offices in 18 countries, and its products are sold in 125 countries, with revenues exceeding $20 billion annually.

Most of their arsenal is available in other countries for much less money than it is here in the United States, as is the case with most prescription medication. The reason, the pharmaceutical industry claims, is that the health care systems of other countries demands affordable medication, and they need somebody somewhere to foot the research bill, so they can get the next patents lined up before others expire, allowing generic versions of their drugs to become available on the market. That leaves us Americans, with our broken healthcare system, footing the bill of their continued financial success.

We're not only footing the bill, we have to deal with how the pharmaceutical machine warps the medical system. While historically a trade secret, it is standard operating procedure for pharmaceutical giants to pay doctors and other healthcare professionals to promote their drugs. Seducing doctors into becoming mouthpieces for a share of their bottom line is where it begins, but it ends up dictating your options.

A history of questionable ethics

Beginning in 2012, all drug and medical device companies will be required to report their promotional expenditure numbers to the federal government, but several companies started disclosing their information in 2009. According to the disclosed information, last year Eli Lilly paid out more than $200 million in payments to doctors and healthcare providers for promoting their drugs. ProPublica.org's Dollars for Docs database is tracking 11 other companies' disclosures as well.

The reason this information has been disclosed in Eli Lilly's case is because Eli Lilly was involved in a criminal settlement, and was ordered to disclose these payments, since 2009. They agreed to pay $1.4 billion to settle criminal and civil allegations of promoting drugs for unapproved uses. An official from the FDA testified in a court of law that Eli Lilly concealed the risks of its schizophrenia drug Zyprexa from U.S. officials, knowing the serious health risks it caused. They defrauded Medicare/Medicaid and blatantly put profit over the concern of the consumer.

The disclosure documents say the payments were for speaking, consulting, and research, as well as travel and meal reimbursement. You can look up the breakdown of the payments; how much was paid into your state, if your doctor was among those paid. The data provides insights into how firms adapt their strategies over time, even though complete analysis has proved challenging. So few companies report their data, and the data that is reported is inconsistent in both content and format. Its unclear exactly how much money is being spent where, and by whom. Needless to say, there will be more on this story in the future.

The transparency of the newly required disclosures has some companies reevaluating the current strategy. Most of the pharmaceutical giants have begun to reduce their promotional expenditures, since they started disclosing the figures. Most of them offer explanations such as, "normal year-to-year fluctuations." Experts predict physicians will begin backing away from these arrangements as well, as the increased scrutiny of the pharmaceutical sales practices also exposes their names and pay. Some doctors are raking in a quarter of a million dollars, but actually claim they "wouldn't want the appearance of being influenced by anything the company gave" them. Interesting choice of words, huh?

Sources for this article include:

http://projects.propublica.org/docdollars/companies/eli-lilly

http://www.naturalnews.com/024089_Eli_Lilly_drug_FDA.html

http://www.propublica.org

http://en.wikipedia.org/wiki/Eli_Lilly_and_Company

Explore more on Eli Lilly by searching on GoodGopher.com, the search engine for truth seekers.
Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support NaturalNews.com by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite NaturalNews.com with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

GET SHOW DETAILS
+ a FREE GIFT

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.