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“The nation’s largest nursing home pharmacy, Omnicare Inc. of Covington, Kentucky, will pay $98 million,” Assistant Attorney General Tony West announced, to settle charges that it “solicited and received kickbacks from a pharmaceutical manufacturer, Johnson & Johnson (J&J), in exchange for agreeing to recommend that physicians prescribe Risperdal, a J&J antipsychotic drug, to nursing ...
The judge who presided over a 2016 trial that ended with a $70 million award for a child allegedly injured by Risperdal has urged the Pennsylvania Superior Court to uphold the verdict.
As for the bottom line, Risperdal sales from 1994 through 2008 (when it went off-patent) have totaled approximately $30 billion, including approximately $20 billion in the U.S. Expenses in the U.S., including all manufacturing and sales and promotion costs, probably amounted to $2 billion based on the business plans and budgets I have seen.
Austin Pledger about ten years ago. Benita Pledger ‘My Son Has Breasts’ While he pursued more evidence for the qui tam suit he had filed on behalf of Vicki Starr, and before he had ever heard of Austin Pledger, Stephen Sheller was on the lookout for more conventional personal injury cases he might bring—cases on behalf of patients who could claim to have been damaged because Risperdal ...
Risperidone, sold under the brand name Risperdal among others, is an antipsychotic. [1] It is used to treat schizophrenia , bipolar disorder , and irritability associated with autism . [ 1 ]
Another goal for the coming year was to “maximize and grow Risperdal’s market leadership in geriatrics and long term care.” Risperdal was already well ahead of Zyprexa in dementia market share, with 50 percent of the entire market. The goal was to boost that share still higher, to 57 percent, with sales of $302 million.
The scam may extend to the creation of Web sites for the bogus brand, which usually sounds similar to that of a respected loudspeaker company. They will often place an ad for the speakers in the "For sale" Classifieds of the local newspaper, at the exorbitant price, and then show the mark a copy of this ad to "verify" their worth. [citation needed]
Robert Greene and Joost Elffers, The 48 Laws of Power ISBN 978-0-14-028019-7 (references this scam in Law 21 Play a Sucker to catch a Sucker - Seem Dumber than your Mark) King, Clarence. 1872. Copy of official letter, addressed November 11, 1872, to the Board of Directors of the San Francisco and New York Mining and Commercial Company ...