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 is a licensed marriage and family therapist based in Santa Fe, New Mexico. He and his partner, Luisa Putnam, joined by their mutual interest in working with trauma and psychosis, studied Open Dialogue in Finland and Peer-supported Open Dialogue in the UK in order to practice and teach as a team. In 2011, they joined with Robert Whitaker to found the Mad in America website

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