Sep 03 2009

Money Talks: Profits Before Patient Safety

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money talksThe world’s largest pharmaceutical company, Pfizer, has just agreed to pay $2.3 billion in a settlement for healthcare fraud. The Justice Department’s announcement of the largest such settlement in its history, is the result of lawsuits by private whistleblowers in three states, accusing Pfizer of fraudulent marketing of drugs. Part of the settlement is a $1.2 billion criminal fine, which is also the largest in the DOJ’s history. The settlement involves accusations against Pfizer of paying bribes to healthcare providers to pressure them to prescribe four separate drugs. A four-year long investigation by the Attorney General’s office uncovered a wide array of questionable practices, including direct payments to doctors for prescribing drugs like Viagra. Pfizer has been involved in three other similar settlements, since 2002. To independent film producer Holly Mosher, the news comes as no surprise. In her recent documentary, Money Talks: Profits Before Patient Safety, she documents the on-going unethical relationship between your doctor and companies like Pfizer to push expensive and not always safe or effective drugs on to patients.

Meanwhile, in a barely-covered story, the city of Los Angeles yesterday demonstrated a very telling lesson to the nation on the health care reform debate. Mayor Villaraisgosa announced a new prescription drug bulk purchasing plan that now makes it possible for every resident of the city, through a free card, to purchase low-cost drugs whose prices have been negotiated with the pharmaceutical industry. Cards are available at www.forlaxrx.com.

GUEST: Holly Mosher, producer of documentary Money Talks

TOPANGA PEACE ALLIANCE PRESENTS

“Money Talks” With Guest Speakers Producer Holly Mosher Dr. Jerome Hoffman

WHEN: FRIDAY, SEPTEMBER 4 — 7:45 PM Potluck Snacks, 8:00 PM Film
WHERE: YOGA DESA, 120 So.Topanga Canyon Blvd. in Topanga 90290 In the Pinetree Circle Center Located 4 miles north of PCH, on the right

RSVP to Julie: (310) 455-9389

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