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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsElizabeth Warren thinks medical/pharma should aid research when caught doing wrong
Elizabeth Warren:
This week, I introduced the Medical Innovation Act - a common-sense proposal that could dramatically increase our nation's investment in life-saving medical research.
Expanded funding would come from big drug companies that break the law - companies caught defrauding Medicare and Medicaid, withholding critical safety information about their drugs, marketing their drugs for uses that aren't approved, and giving doctors kickbacks for writing prescriptions for their drugs.
When these giant law-breaking drug companies enter into major settlement agreements with the government to avoid going to trial, they would be required to reinvest a small portion of their profits into the NIH.
The Medical Innovation Act serves double duty - requiring more accountability from the biggest drug companies while giving medical research the support it deserves.
Thousands of people have already signed up to show their support for the Medical Innovation Act. Will you join them? Help us build a grassroots team to expand investment in the NIH.
Petition:
http://my.elizabethwarren.com/page/s/nihbill?source=20150131em
sharp_stick
(14,400 posts)and I work for Big Pharma.
BrotherIvan
(9,126 posts)Regulation of Big Pharma is as necessary as Wall Street. They have proven themselves to be just as greedy and corrupt.