Zyprexa: Pharma Skates Again

WSJ 01/15/08:

Justice Dept Beats Chest Over Zyprexa Settlement

Look at the numbers. Lilly agreed to pay $1.415 Billion to settle off label marketing violations. They pleaded guilty to a Misdemeanor for marketing Zyprexa for 'Treatment'' of Dementia, and in so doing, Lilly sidestepped Criminal Prosecution, which might have cut them OUT of the Medicare and Medicaid Billions.

Update 01/25/09: See above USDOJ release: bulleted list point 4.

"Eli Lilly is subject to exclusion from Federal health care programs, including Medicare and Medicaid, for a material breach of the CIA and subject to monetary penalties for less significant breaches."

The pic is $1 Million in $1 Dollar notes. A Billion is a Thousand Millions. Imagine that photo stack of $1 Dollar notes repeated 1,415 times on this same page.

“We deeply regret the past actions covered by the misdemeanor plea,” CEO John Lechleiter said in the company’s release.

$800 Million in Civil Suits.

Money Pic X 800.

see AHRP

"The latest Eli Lilly Zyprexa settlement for another massive lawsuit brought by 18,000 people who claimed they developed diabetes or other diseases after taking Lilly's antipsychotic drug is for $500 million. Another 1,200 plaintiffs are not part of the settlement. Lilly is less concerned about settlements; having settled a Zyprexa lawsuit involving 8,000 plaintiffs for $690 million."

Zyprexa has brought in more than $37 Billion since 1996.

Money Picture, ...... times 37,000, ...... minus 1,415 Pictures, ..... of junk paper, ..... which isn't even real money but a stack of Govt IOU's, ..... unlike the very REAL people who have been crippled and killed By Zyprexa, ..... for breaking the 1st Amendment, .... as determined by Ideates who've inhaled the ideating methane of other Ideates.

AHRP again.



“We deeply regret the past actions covered by the misdemeanor plea,” CEO John Lechleiter said.