What Reckitt’s $1.4 Billion Settlement Says About The Pharma Industry [Forbes]
INDIVIOR PLC S/ADR (INVVY)
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Source: Forbes
What Reckitt’s $1.4 Billion Settlement Says About The Pharma Industry Reckitt Benckiser Group’s $1.4 billion settlement with US authorities last week is another reminder that pharmaceutical companies continue to put profits over patients. The fact that this case concerns powerful and addictive opioids makes it all the more appalling. Reckitt’s settlement a $270 million settlement Making misleading claims about the safety and effectiveness of drugs to convince doctors to write more prescriptions has long been Reckitt, through its formerly owned business, Indivior, was no different, according to the government’s indictment of Indivior. Indivior promoted the film version of Suboxone, a drug to treat opiate addiction, as less likely to be abused or diverted for non-medical treatment than other buprenorphine drugs used to manage opioid dependence – even though such claims have never been established, the government said. Meanwhile, the company took its marketing and sales efforts to a new
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