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Scam: #1886

Scam Alert

Business

  • Posted By: Anonymous
  • Submitted: 01/13/2011
  • Severity: 9
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Abbott Laboratories

$41M Corruption Settlement

Miami, Florida

Abbott Laboratories paid illegal kickbacks to get doctors, physician groups and managed care organizations to prescribe two of the company's drugs, Advicor and Niaspan. They promoted the sale of Advicor for purposes not approved by the Food and Drug Administration. Advicor is for the treatment of cholesterol. Niaspan improves cholesterol levels. I helped the Justice Department with the case

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