
The days of extravagant wining and dining your prospective clients may be a thing of the past. Today, Federal prosecutors hit Pfizer, Inc. with $2.3 billion in fines for engaging what they called "illegal marketing."
This entailed inviting doctors to all-expense-paid meetings at plush resorts, providing free golf, spa treatments and accommodations. Authorities called Pfizer a repeat offender, noting that this is the company's fourth such offense in the past decade.
The allegations include the marketing of 13 drugs, including Viagra, Zoloft and Lipitor.
As part of its ongoing campaign to lower drug prices and increase access, AIDS
Healthcare Foundation (AHF) today lauded the U.S. Justice Department`s crackdown
on Pfizer, Inc. for its fraudulent drug marketing practices.
"We believe that such practices are, unfortunately, widespread within the pharmaceutical industry. The time has come for all drug companies-not just Pfizer-to be held responsible for harm done to public health in the name of exorbitant profit," said Michael Weinstein, President of AIDS Healthcare Foundation.
Yet another reason why healthcare is so expensive. What do you think?




