GlaxoSmithKline $750m Payout Over Tainted Drugs

Mark

Former CEO
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This is old news I know, over a month ago now, but I didn't see it posted here. I gathered it in a few weeks ago while I was too busy (and relapsing) to post. Scandalous stuff - and these are the guys we are hoping will take care of us when we escape from the psychs...

http://www.reuters.com/article/idUSTRE69P4GH20101027

http://www.guardian.co.uk/business/2010/oct/28/glaxosmithkline-executives-allegedly-ignored-eckard

"GlaxoSmithKline Plc has agreed to pay $750 million and plead guilty to manufacturing and distributing adulterated drugs from a now closed plant in Puerto Rico"

"Asked during a news conference if the actions by the company were intentional, Carmen Ortiz, the U.S. Attorney for Massachusetts, said that was the government's contention."

"Cheryl Eckard, who was sacked by the company as a quality control manager in 2003 after repeatedly raising her concerns with a series of GSK executives, received a $96m (61m) reward this week"

"After 10 months of repeatedly alerting a string of GSK executives to the problems, Eckard was sacked in 2003. In July of that year, she telephoned JP Garnier, GSK's then chief executive, who declined to take the call. Eckard then reported the company to the FDA in August 2003."

"Five of the six senior GlaxoSmithKline executives cited...are understood to still be employed by the pharmaceuticals company."

"Corruption is so bad no one even blinks."