Question: CASE 3 . 1 - Selling Off - Label In the pharmaceutical industry, off - label marketing involves selling prescription drugs for purposes and conditions
CASE Selling OffLabel
In the pharmaceutical industry, offlabel marketing involves selling prescription drugs for purposes and conditions that are not identified on the FDAapproved label and accompanying specifications. In other words, a drug that has been approved and tested for efficacy and safety for specific uses may be often marketed and prescribed for purposes that have not been deemed safe. Accordingly, selling drugs offlabel violates relevant ethical codes for the industry and is considered a criminal offense.
Over the past several decades, pharmaceutical companies have been found in violation of such laws and codes. In recent years, several major companiesJohnson & Johnson, AstraZeneca, Eli Lilly & Co and Pfizerhave paid enormous fines and been subjected to other penalties for such violations. Since Lilly, BristolMeyers Squibb, and four other companies have paid $ billion in fines and penalties. Most spectacularly, Pfizer alone paid $ billion in penalties and settlements in for this practice. Despite the sanctions,
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