Global Pharmaceutical Industry Fined $11 Billion in Three Years

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Although the global pharmaceutical industry racked up $11 billion in fines in the last three years, “Companies might well view such fines as a quite small percentage of their global revenue” according to Boston University lawyer Kevin Outterson. “If so, little has been done to change the system. The government merely recoups a portion of the financial fruit of firms’ past misdeeds.” But trust among doctors is so low that they dismiss clinical trials funded by the industry, according to a paper published in the New England Journal of Medicine.

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Kermit Cole
Kermit Cole, MFT, founding editor of Mad in America, works in Santa Fe, New Mexico as a couples and family therapist. Inspired by Open Dialogue, he works as part of a team and consults with couples and families that have members identified as patients. His work in residential treatment — largely with severely traumatized and/or "psychotic" clients — led to an appreciation of the power and beauty of systemic philosophy and practice, as the alternative to the prevailing focus on individual pathology. A former film-maker, he has undergraduate and master's degrees in psychology from Harvard University as well as an MFT degree from the Council for Relationships in Philadelphia. Kermit leads workshops and webinars on the role of humor in psychotherapy and other human services. You can reach him at [email protected].

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