TV News LIES

Wednesday, Apr 16th

Last update02:37:08 AM GMT

You are here News Health Eli Lilly admits to more than $200 million dollars worth of doctor payoffs

Eli Lilly admits to more than $200 million dollars worth of doctor payoffs

E-mail Print PDF

Prozac. Cialis. Cymbalta. If you have a television or read magazines, you've heard of their drugs. Eli Lilly, out of Indiana, makes billions of dollars every year off the sale of their patented chemicals, which are used to suppress the symptoms of disease in the human body. Founded by a chemist in the late 19th century; today the pharmaceutical giant has offices in 18 countries, and its products are sold in 125 countries, with revenues exceeding $20 billion annually.

Beginning in 2012, all drug and medical device companies will be required to report their promotional expenditure numbers to the federal government, but several companies started disclosing their information in 2009. According to the disclosed information, last year Eli Lilly paid out more than $200 million in payments to doctors and healthcare providers for promoting their drugs. ProPublica.org's Dollars for Docs database is tracking 11 other companies' disclosures as well.

More...


Most Recent Related Stories...


Tamiflu: Millions wasted on flu drug, claims major UK report

TamifluHundreds of millions of pounds may have been wasted on a drug for flu that works...

Some doctors make millions off of Medicare

MedicareSome doctors are making millions of dollars off of Medicare, with a handful collecting multi-million payments...

Study: E-cigarettes affect cells similarly to regular tobacco

e-cigsA new study shows that the vapor from e-cigarettes damages human cells similarly to smoke from...

Stimulation restores some function for 4 paralyzed men

hope for paralyzed patientsParalysis may not last forever anymore. In an experiment hailed as "staggering," a team of researchers...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!